Pakistan's Virtual Assets Regulatory Authority chairman Bilal bin Saqib advocates for separate technical and Shariah assessments of different digital assets instead of a single broad ruling. This follows a religious ruling by Mufti Taqi Usmani and other scholars rejecting cryptocurrency purchases under Islamic law, citing lack of recognized wealth status. Meanwhile, Pakistan continues to develop its regulated crypto market with licensing, banking access for crypto firms, and exploration of stablecoins and tokenized assets. The regulator keeps discussions open and proceeds with drafting operational standards amid religious and technical scrutiny.
Disney continues to leverage its strong intellectual property portfolio, with steady revenue growth and robust cash generation despite operational and debt challenges. The success of Toy Story 5, which earned $780 million at the box office, highlight...
A class action lawsuit has been filed against Helen of Troy Limited and certain officers for allegedly misleading investors about the success of its Project Pegasus initiative. The lawsuit claims the company overstated cost-saving benefits and downpl...
Crypto lawyer John Deaton highlighted the crucial role of 75,000 XRP holders in supporting Ripple executives during their legal battle with the SEC. He criticized the SEC lawyers for using aggressive tactics, including naming Ripple's CEO and Executi...
Crypto derivatives markets saw $111.7 million in liquidations over 24 hours, led by Ethereum with $51.49 million, more than double Bitcoin's $20.01 million. Long positions were hit harder overall, indicating bearish pressure and pullbacks affected bu...
Shibarium, the layer 2 blockchain for Shiba Inu, experienced a sharp 75% drop in daily transactions from 5,170 on July 10 to 1,280 on July 11, following a brief surge the day before. This volatility reflects broader market trends where rallies are qu...
