Pakistan established its virtual asset regulatory regime in under six months using only 8% of its approved budget, according to Bilal Bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority.
Bitcoin prices eased after a recent $3 billion ETF-driven surge, dropping over 3% following comments from Federal Reserve Chair Kevin Warsh regarding ongoing inflation concerns and interest rates.
Grayscale reports that unchecked U.S. government debt surpassing $40 trillion is driving the debasement trade, channeling cash into alternative stores of value and positioning bitcoin as a primary beneficiary.
Metaplanet CEO Simon Gerovich announced at the Bitcoin Asia conference in Hong Kong that the region is ready for a major Bitcoin era, driven by evolving regulations and massive untapped household savings.
Capital B has successfully secured €21 million through a private placement backed by TOBAM and Adam Back, with the funds earmarked to acquire approximately 270 additional bitcoins for its corporate treasury.
Bitcoin Magazine Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments Bitcoin dropped, then popped after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation. The leading cryptocurrency was recently trading for $79,474 after dropping as…