Trends - Digital Assets - Business Recorder

Digital Assets

Asian wealth managers seen wary of digital assets despite soaring demand

SINGAPORE: Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand...

Published 07 Jun, 2022 05:47am

Life & Style

To use rather than collect, the second coming of NFTs

NEW YORK: NFTs have been called everything from fads to outright scams, but early adopters see a future for them as...

Published 24 May, 2022 01:07pm

Markets

Nigeria’s markets regulator publishes rules on crypto assets

LAGOS: Nigeria’s markets regulator has published a set of regulations for digital assets, signalling Africa’s most...

Published 14 May, 2022 07:27pm

Business & Finance

TPL Insurance enters into agreement with Finnfund

KARACHI: TPL Insurance Limited has announced that the company has entered into a Share Subscription Agreement and a...

Published 16 Apr, 2022 04:10am

Markets

Meta to take nearly half of sales made by its metaverse creators as fees

Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made...

Published 13 Apr, 2022 08:22pm

World

Thailand to relax tax rules for digital assets

BANGKOK: Thailand plans to ease tax rules for investments in digital assets, a finance ministry official said on...

Published 28 Jan, 2022 05:15pm

Markets

Thai central bank says doesn't support digital assets as payments

BANGKOK: Thailand's central bank on Wednesday warned companies about accepting digital assets as payment for goods...

Published 01 Dec, 2021 05:25pm

Markets

TP ICAP to launch crypto trading platform

LONDON: TP ICAP, the world's biggest interdealer broker, is launching a cryptocurrency trading platform with ...

Published 05 Jul, 2021 04:57am

Markets

Bitcoin tumbles 10pc in wake of deepening China crackdown

Bitcoin falls almost 10%, down 20% in last six days
Ether, smaller coins tumble as well as China mining crackdown spreads to Sichuan

Updated 21 Jun, 2021 06:02pm

Markets

Bitcoin, other cryptocurrencies suffer hefty losses

TOKYO/LONDON: Bitcoin and other cryptocurrencies suffered hefty losses on Friday on concern that US President Joe...

Published 24 Apr, 2021 03:21am

Markets

Bitcoin tumbles after Turkey bans crypto payments citing risks

The decision could stall Turkey's crypto market, which has gained momentum in recent months as investors joined the global rally in bitcoin, seeking to hedge against lira depreciation and inflation that topped 16% last month.
In a statement, the central bank said crypto assets were "neither subject to any regulation and supervision mechanisms nor a central regulatory authority", among other security risks.

Published 16 Apr, 2021 06:27pm

Business & Finance

Baby boomers next to jump into crypto

LONDON: Wealthy baby boomers will be the next generation to jump into cryptocurrencies as they become more...

Published 29 Mar, 2021 06:05am

Business & Finance

BNY Mellon invests in cryptocurrency storage firm Fireblocks

BNY Mellon's investment was part of a $133 million funding round that also saw participation from hedge fund Coatue Management, investment firm Ribbit Capital, growth equity firm Stripes and SVB Capital.
Fireblocks has a presence in Europe, Asia and North America, with customers including banks, neobanks, exchanges, hedge funds and market makers.

Published 18 Mar, 2021 05:40pm

Technology

PayPal to buy Israeli digital asset security provider Curv

The terms of the deal, which is expected to complete in the first half of 2021, were not disclosed. Curv would be part of PayPal's recently created cryptocurrencies-focused unit.
PayPal said in October last year, it would allow customers to buy, sell and hold cryptocurrencies in its online wallets.

Updated 08 Mar, 2021 10:16pm

Markets

Bitcoin set for worst week since March as riskier assets sold off

The world's biggest cryptocurrency slipped as much as 6% to $44,451 before recovering most of its losses.
The sell-off echoed that in equity markets, where European stocks tumbled as much as 1.5%, with concerns over lofty valuations also hammering demand. Asian stocks fell by the most in nine months.

Published 26 Feb, 2021 06:13pm

Business & Finance

BNY Mellon joins cryptocurrency party with new Digital Assets division

The new unit at BNY Mellon, called the Digital Assets unit, is expected to roll out the offerings later this year.
Last month, BlackRock Inc, the world's largest asset manager, added bitcoin as an eligible investment to two funds.

Published 11 Feb, 2021 08:05pm

Markets

Bitcoin surges to all-time high after BNY Mellon embraces cryptocurrencies

The new unit at BNY Mellon, called the Digital Assets unit, is expected to roll out the offerings later this year, the bank said.
Bitcoin was last up 5.7% at $47,387.

Updated 11 Feb, 2021 07:51pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 26 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 26 Al-Abbas Sugar Mills Limited(AABS)	269.86 ▼ 0.00 (0.00%)
Agro Allianz / Jun 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 26 Allied Bank Limited(ABL)	68.99 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 26 Abbott Laboratories (Pakistan) Limited(ABOT)	637.11 ▼ 0.00 (0.00%)
Abson Ind. / Jun 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 26 Alfalah Consumer Index ETF.(ACIETF)	7.70 ▼ 0.00 (0.00%)
Attock Cement / Jun 26 Attock Cement Pakistan Limited(ACPL)	69.85 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 26 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 26 Al-Abbas Sugar Mills Limited(AABS)	269.86 ▼ 0.00 (0.00%)
Agro Allianz / Jun 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 26 Allied Bank Limited(ABL)	68.99 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 26 Abbott Laboratories (Pakistan) Limited(ABOT)	637.11 ▼ 0.00 (0.00%)
Abson Ind. / Jun 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 26 Alfalah Consumer Index ETF.(ACIETF)	7.70 ▼ 0.00 (0.00%)
Attock Cement / Jun 26 Attock Cement Pakistan Limited(ACPL)	69.85 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 24	207.70
USD PKR Interbank Buying / Jun 24	207.50
USD to Japanese Yen / Jun 24	135.23
USD to Swiss Franc / Jun 24	0.96
Pound Sterling to USD / Jun 24	1.23
Euro to USD / Jun 24	1.06
UK LIBOR % / Jun 24	1.57

Stock	Volume
S&P 500 / Jun 24	3911.74
India Sensex / Jun 24	52727.98
Tokyo Nikkei / Jun 24	26491.97
Nasdaq / Jun 24	11607.62
Hang Seng / Jun 24	21719.06
FTSE 100 / Jun 24	7208.81
Dow Jones / Jun 24	31500.68
Germany DAX 30 / Jun 24	13118.13
France CAC40 / Jun 24	6073.35

Item	Value
Crude Oil USD/Barrel / Jun 24	107.62
Karachi Cotton PKR/37.32 KG / Jun 24	21180.00
Gold 10 Grams PKR / Jun 24	122300.00
Gold Spot USD/Ounce / Jun 24	1826.88
Cotton US¢/pound / Jun 24	98.05

Digital Assets

Most Popular Articles