The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. The ruling was issued by a two-judge bench presided…
Saudi Arabia’s central bank (SAMA) should have no involvement with crypto-assets, as many people who deal with crypto are criminals, said its governor. He also called regulators to catch up in regulating cryptocurrencies. Fahad Al Mubarak, head of Saudi Arabia’s central bank, claimed there would be no smashing of the banking system by digital currencies,…
Famous investor Kevin O’Leary claimed that sovereign funds in Saudi Arabia and the UAE represent the “real opportunity” for transforming the crypto marketplace, speaking in a recent interview with Anthony Pompliano on The Best Business Show. O’Leary, also known as “Mr. Wonderful” on ABC TV series “Shark Tank,” highlighted the group of investors he believes…
Little-known cryptocurrency Mana surged by 400% over the weekend after Facebook announced changing its name to Meta. Mana is the native token of Decentraland, a self-proclaimed metaverse crypto platform where users can buy and sell virtual assets. Crypto investors believe Facebook’s rebrand is a sign of the growing interest in the metaverse trend. Decentralnad (MANA)…
A cryptocurrency based on the hit Netflix show Squid Game spiked 40,000% in its first few days of trading and then has crashed 99.99% on Monday. The anonymous scummers behind the SQUID token have officially pulled the rug on the project, making off with an estimated $2.1 million. The SQUID token made headlines in various…
Breaking crypto news from the last week (Oct. 23 – 29, 2021): 23 Oct.: Walmart, the world’s largest company by revenue, enables customers to buy Bitcoin at dozens of its U.S. stores. The retail giant is offering Bitcoin through 200 of its Coinstar ATMs in partnership with crypto firm Coinme. This service can be extended…
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