Trends - Digital Assets - Business Recorder

Digital Assets

Standard Chartered starts custody services for digital assets in the UAE

DUBAI: Standard Chartered said on Tuesday it had begun offering digital asset custody services in the United Arab...

Published 10 Sep, 2024 03:39pm

Markets

UAE’s central bank pilots central bank digital currencies transactions

DUBAI: The Central Bank of the United Arab Emirates (CBUAE) said on Wednesday it has completed the world’s largest...

Published 26 Oct, 2022 07:26pm

Markets

Sudden crypto drop sends bitcoin to three-week low

SINGAPORE: Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week...

Published 19 Aug, 2022 05:35pm

Markets

Iran makes first import order using cryptocurrency

DUBAI: Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency...

Published 09 Aug, 2022 05:17pm

Markets

Lured by its 'openness', PwC crypto head to establish digital assets fund in Dubai: report

Nine Blocks Capital Management has been granted provisional regulatory approval

Published 04 Aug, 2022 08:55pm

Life & Style

Artist Adeel uz Zafar opens up about current art trends, NFTs

Says framework to support and regulate digital art needs to be introduced

Updated 15 Jul, 2022 06:00pm

Business & Finance

Russia’s Sberbank executes first digital asset issue on its platform

MOSCOW: Russia’s dominant lender Sberbank on Saturday said it had carried out the first digital financial asset...

Published 09 Jul, 2022 06:10pm

Markets

Crypto lender Voyager Digital files for bankruptcy

U.S. crypto lender Voyager Digital said on Wednesday it had filed for bankruptcy, becoming another casualty of a...

Published 06 Jul, 2022 05:26pm

Markets

EU agrees rules to tame ‘Wild West’ crypto market

LONDON: Cryptocurrency companies will need a licence and customer safeguards to issue and sell digital tokens in the...

Published 01 Jul, 2022 07:26pm

Business & Finance

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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