Bitcoin flirting with $100,000 again? We’re looking at the stories in the press, the technical charts lighting up with buy, buy, buy. The narrative is simple: digital gold, a hedge against inflation, freedom from traditional finance. Hold on. That said, before we pop the bubbly, let’s talk about the elephant...
Well, our friends at the Bank for International Settlements (BIS) just published an interesting long read. It looks at potential financial stability risks resulting from the crypto ecosystem’s growing links to the traditional financial system, including banks and nonbank financial companies. The study further underscores the immediate need for proactive...
Has Binance, having just settled with the US DOJ, become the global crypto regulations’ de facto architect? It’s an important question to consider. Changpeng “CZ” Zhao, the founder of Binance, is helping countries like Pakistan and Kyrgyzstan figure out how to construct their crypto frameworks, though he does have a...
Pakistan’s love-hate relationship with cryptocurrency has developed from a youthful stage of flirtation into an intense marriage. The formation of the Pakistan Crypto Council (PCC), spearheaded by Finance Minister Muhammad Aurangzeb and with Binance's CZ as a strategic advisor, signals a serious intent to integrate crypto into the nation's financial...