The investor warned against fraudulent paper claims made on hard assets, but ETF analysts told Cointelegraph that the fear is unfounded. Investor and financial educator Robert Kiyosaki warned of the potential danger from holding paper Bitcoin (BTC) and precious metals through instruments such as exchange-traded funds (ETFs). Kiyosaki said that although ETFs make certain asset classes more accessible to investors and lower the barrier to entry, the investor does not physically hold the underlying asset. He wrote on Friday: In May, he told investors to ditch “fake money” for bearer assets like BTC, gold and silver to counteract the effects of inflation and the decline of the US dollar. Read more
WASHINGTON: Pakistan’s Deputy Prime Minister and Foreign Minister, Ishaq Dar, had a high-level meeting with US Secretary of State Marco Rubio at the State Department in Washington, discussing ongoing global terrorism, ARY News reported. During the meeting, Marco Rubio acknowledged Pakistan’s sacrifices in the global war on terrorism and praised its productive role in encouraging […]
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday approved Pakistan’s first-ever Skills Impact Bond, a modern financing model designed to attract private investment aimed at enhancing youth employability. The approval came during a high-level review meeting on the roadmap for youth employment in the country. Under this innovative “Pay-for-Success” model, training programs will focus on […]
KARACHI: The State Bank of Pakistan (SBP) has introduced a consolidated customer onboarding framework aimed at simplifying and standardizing the account opening process for individuals and businesses, while also promoting digital payment adoption across the country. According to a statement, SBP advised regulated entities (REs), including banks and financial institutions to ensure that new account […]
Actor Pedro Pascal, who stars as Reed Richards/Mister Fantastic in ‘Fantastic Four: First Steps,’ has shared his views on his character becoming the new leader of the Avengers. To Read Lifestyle Stories in Urdu – Click Here Fans were left surprised when ‘Fantastic Four: First Steps’ director Matt Shakman hinted that Pascal’s superhero would lead […]