Tag: Bitcoin
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FIA recommendation to Government to Declare Bitcoin Illegal in Country
Due to the nature of the crypto currency and its high levels of misuse worldwide, FIA (Federal Investigation Authority) has recommended the Government of Pakistan to completely ban Bitcoin and similar crypto currencies that may be used for mining and other offensive acts that are punishable due to their nature in social infrastructure and financial ... -
Banks not to Deal In Crypto Currency
As cryptocurrency stability and other usage issues arise many financial institutions have taken a careful back-step in exchanging and dealing in the much hyped and much mined Crypto. Recently banks like Bank of America, Citigroup and JP Morgan Chase and Citigroup each stated as Bloomberg reported that they were halting transactions involving digital currency with their credit ... -
Bitcoin Down – A Losing Game or A Financial Stabilization?
Bitcoin synonymous to the phenomenal wonder in the cryptocurrency world has been seeing a down since the past 48 days now. It is no wonder in-fact that bitcoin is now shedding its financial Value Bit- by-Bit (pun intended). Where many people and experts are showing a ‘surprised’ response – the drop is a natural in ... -
What is OneGram?
OneGram, a Islamic financial services and technology company, is partnering with GoldGuard, a Dubai-based online gold trading platform, to create the first “gold-backed digital currency” globally. Each OneGram coin token represents a gram of gold. The Islamic finance sector is around 1% of global GDP and growing at nearly 20% per year. With an estimated ...
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