The announcement comes amid the growing adoption of stablecoins globally. Last year, stablecoin transaction volumes surpassed those of Visa and Mastercard combined, signaling a shift in how digital assets are being utilized for everyday transactions.
The study paints a fascinating picture of how crypto adoption is unfolding globally. While countries like the United States boast an extensive network of 29,834 Bitcoin ATMs, it’s the UAE’s high crypto ownership rate of 25.3% and an adoption rate of 210% that have propelled it to the top spot.
The idea of integrating crypto mining into Pakistan’s energy framework has gained traction following a recent meeting between Power Minister Awais Leghari and Bilal Bin Saqib, CEO of the newly formed Pakistan Crypto Council (PCC).
With the latest authorization, HashKey Capital can market and distribute investment funds and structured products, including those tied to virtual assets.
While the agency is stepping back from its appeal, Ripple has not yet agreed to withdraw its own challenge. The company continues to contest the $125 million fine imposed by the court and the ongoing injunction that restricts it from selling XRP to institutional investors without registering those transactions as securities.
