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Tag: Bitcoin

Bitcoin

Bitcoin not legal tender in Pakistan

July 7, 2021January 31, 2026Mrs. Anjum Shahnawaz

Bitcoin and other crypto currencies are not recognized as legal tender in Pakistan. The SBP has advised the general public that Virtual Currencies/Coins/Tokens (like Bitcoin, Litecoin, Pakcoin, OneCoin, DasCoin, Pay Diamond etc.) are neither recognized as a Legal Tender nor has SBP authorized or licensed any individual or entity for the issuance, sale, purchase, exchange […]

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Bitcoin

Bitcoin recovers after yesterday’s crash

June 24, 2021June 24, 2021Mrs. Anjum Shahnawaz

KARACHI: Bitcoin has recovered on Wednesday after witnessed a decline below $30,000 a day earlier. The bitcoin on Wednesday bounced back above $34,000 mark to trade as high as $34,367 in early morning trading. It last changed hands at $33,641.27, up 3 per cent on the day, according to CNBC.com Smaller rivals also surged, with […]

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Bitcoin

Bitcoin plunges below $30,000; other cryptocurrencies mirror crash

June 23, 2021June 23, 2021Mrs. Anjum Shahnawaz

LONDON: Bitcoin on Tuesday plunged below $30,000 after a crackdown launched by Chinese central bank. Bitcoin made around 50 per cent losses since it hit an all time high in April this year. The cryptocurrency has suffered several price falls in recent days, having traded above $40,000 just one week ago. The world’s largest cryptocurrency […]

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