News

Pakistan's parliament passes the Virtual Assets Act of 2026

Pakistan's parliament has passed the Virtual Assets Act of 2026, marking a significant step towards regulating cryptocurrencies and digital assets in the country. The legislation aims to establish a legal framework for the use, trading, and taxation of virtual assets, addressing concerns over money laundering and fraud. The act also seeks to promote innovation in the fintech sector while ensuring consumer protection. With this move, Pakistan joins a growing number of nations implementing regulations for the cryptocurrency market. The government plans to work closely with stakeholders to develop a comprehensive regulatory environment for digital assets.

Read the full article: Coin Telegraph

BlackRock private credit fund is latest to crack, hitting crypto prices and DeFi markets

BlackRock's private credit fund has faced significant challenges, contributing to a decline in cryptocurrency prices and impacting decentralized finance (DeFi) markets. The fund's struggles have raised concerns among investors, leading to increased volatility in the crypto space. As a result, major cryptocurrencies have experienced price drops,

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Florida Governor Ron DeSantis is considering the establishment of a state stablecoin framework after the Florida Senate passed a bill aimed at regulating digital currencies. The proposed legislation seeks to create a legal structure for stablecoins, which are cryptocurrencies pegged to traditional assets like the U.S. dollar. This move

Why bitcoin couldn't hold $70,000 despite its best week of Wall Street news in months

Bitcoin experienced a significant rally, reaching nearly $70,000, driven by positive news from Wall Street, including favorable economic indicators and institutional interest. However, it ultimately failed to maintain this level, closing lower due to profit-taking and market volatility. Analysts noted that despite the bullish sentiment, resistance levels and macroeconomic

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader's Death

Kalshi, a prediction market platform, is facing a lawsuit for allegedly refusing to pay out on a prediction market related to the death of Iran's Supreme Leader, Ayatollah Ali Khamenei. The lawsuit claims that Kalshi's decision to not honor the payout is a breach of contract,

Read more

BlackRock private credit fund is latest to crack, hitting crypto prices and DeFi markets

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Why bitcoin couldn't hold $70,000 despite its best week of Wall Street news in months

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader's Death