A bullish regulatory tailwind is forming as the SEC clarifies its stance on crypto, liquid staking and tokenization — with institutional investors and IPOs responding in kind. The US Securities and Exchange Commission’s (SEC) historic shift in favor of digital assets is emerging as one of the most significant developments of the current Trump administration. Yet, investors may not fully grasp what it means for crypto adoption and its integration into the core of American financial services. That’s one of the key takeaways from recent remarks by Bitwise CIO Matt Hougan, who believes markets are underestimating the regulatory tailwinds now forming in the world’s largest economy. Project Crypto, the SEC’s initiative to modernize its approach to digital assets, was unveiled last week in direct response to the White House’s Working Group on Digital Assets. The program aims to create clearer, more consistent crypto regulations going forward. Read more
ISLAMABAD: The Federal Board of Revenue (FBR) has issued amendments to the income tax regulations for the fiscal year 2025-26, bringing new changes to broaden the tax base and discouraging non-compliance, ARY News reported. According to official documents, if non-filers withdraw more than PKR 50,000 daily from bank accounts, they will now face a 0.8% […]
KARACHI: The Sindh government has officially announced a public holiday on August 15, 2025, Friday for all public and private educational institutions, to honour Chehlum of Hazrat Imam Hussain (RA), which falls on 20th Safar 1447 AH, ARY News reported. The announcement regarding the school holiday on Chehlum was circulated through a notification on August […]
ISLAMABAD: Pakistan and Poland on Friday discussed enhancing bilateral cooperation in the energy sector, with a focus on oil and gas exploration and mineral resource development. The meeting, held between Federal Minister for Petroleum Ali Pervaiz Malik and Polish Ambassador to Pakistan Maciej Pisarski, also explored opportunities for technology transfer, joint ventures, and increased foreign […]
QUETTA: Pakistan has suspended cell phone data services for three weeks in the province of Balochistan in a bid to block communications among miscreants behind a surge in recent attacks, an official and the government said. In an order seen by Reuters, the government said the services would be suspended until the end of the […]