Crypto exchange Bithumb to delay IPO until after 2028: Report
According to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025.
US Treasury seeks public input for state-level stablecoin regulations
The Treasury published its notice of proposed rulemaking as the market capitalization of dollar-pegged stablecoins neared $300 billion.
Hyperliquid whale makes $80M bet on market crash: Is Bitcoin in trouble?
A Hyperliquid DEX whale has placed an $80 million bet that Bitcoin will crash and oil will rally, but data show this trader has lost millions in the past.
EDX seeks OCC trust bank charter for institutional crypto custody
The crypto exchange seeks a charter from the Office of the Comptroller of the Currency to separate custody from trading and expand services under a regulated banking framework.
Pro-crypto PAC to be headed by Tether executive ahead of US midterms
A debate over stablecoin yield, likely to impact Tether, is underway in the US government as lawmakers consider a market structure bill.
SBP allows teenagers to independently open, operate bank accounts
The facade of the State Bank of Pakistan’s building in Karachi. — AFP/File
In an important move to build a financially savvy young generation, the State Bank of Pakistan on Wednesday introduced a new framework for teenagers’ accounts, enabling them to independently own and…
Which countries are ‘most at risk’ from oil crisis amid Iran war?
This image shows a general view of Karachi Port. — AFP/File
Pakistan is among the emerging markets facing the “most painful economic consequences” of the ongoing global oil crisis stemming from the ongoing war in the Middle East, according to a report published by The…
Govt mulls shipping options as Iran allows limited Hormuz passage
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. — ReutersTwo Pakistan-flagged ships allowed daily…
PSX buoyed by hopes of near-term resolution to war
A stockbroker reacts while monitoring the market on the electronic board displaying share prices during a trading session at the Pakistan Stock Exchange, in Karachi, July 3, 2023. — Reuters
The Pakistan Stock Exchange staged a sharp rise as investor sentiment improved following…
Centre, provinces ‘struggle to reach consensus’ on targeted fuel subsidy
A view of Motorists standing in a queue for filling petrol outside a petrol pump in Rawalpindi on January 1, 2023. — OnlineProvinces asked to share Rs150-200bn subsidy burden.Centre says Rs125bn relief already provided.Fuel price hike likely in the next review.
ISLAMABAD:…