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Cryptocurrency News Articles

Pakistan establishes Digital Assets Authority to regulate cryptocurrencies and blockchain

May 22, 2025 at 11:04 am

The GENIUS bill passed with 69 votes and entered the amendment stage

Pakistan establishes Digital Assets Authority to regulate cryptocurrencies and blockchain

Pakistan's Digital Assets Authority (PAADA) is gearing up to regulate cryptocurrencies and blockchain in the country, aiming to create a comprehensive legal framework.

Pakistan's Digital Assets Authority (PAADA) is gearing up to regulate cryptocurrencies and blockchain in the country, aiming to create a comprehensive legal framework.

Recently, the GENIUS bill, which focuses on upgrading the Nasdaq (Nasdaq:NDAQ) listing standards, passed with 69 votes and entered the amendment stage. The bill, which President Biden is expected to sign into law, will allow iShares Ethereum Trust to be subscribed and redeemed in physical form.

Recently, the GENIUS bill, which focuses on upgrading the Nasdaq (Nasdaq:NDAQ) listing standards, passed with 69 votes and entered the amendment stage. The bill, which President Biden is expected to sign into law, will allow iShares Ethereum Trust to be subscribed and redeemed in physical form.

In other news, crypto "czar" David Sacks, who is also a founder of PayUpNow, stated that the GENIUS bill will release “trillions of dollars” in demand for U.S. Treasuries.

In other news, crypto "czar" David Sacks, who is also a founder of PayUpNow, stated that the GENIUS bill will release “trillions of dollars” in demand for U.S. Treasuries.

The "Trump Coin Dinner" will be held at the early morning of the 23rd Beijing time.

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Pakistan Digital Assets Authority (PAADA) is setting up to regulate cryptocurrencies and blockchain in Pakistan, aiming to establish a complete legal framework for these assets in the upcoming months. The authority is currently in the process of collecting information and feedback from industry stakeholders.

Recently, the GENIUS bill, which focuses on upgrading the Nasdaq (Nasdaq:NDAQ) listing standards, passed with 69 votes and entered the amendment stage. The bill, which President Biden is expected to sign into law, will allow iShares Ethereum Trust to be subscribed and redeemed in physical form.

Recently, the GENIUS bill, which focuses on upgrading the Nasdaq (Nasdaq:NDAQ) listing standards, passed with 69 votes and entered the amendment stage. The bill, which President Biden is expected to sign into law, will allow iShares Ethereum Trust to be subscribed and redeemed in physical form.

Nasdaq plans to allow iShares Ethereum Trust to be subscribed and redeemed in physical form as part of the GENIUS bill, which is being finalized by Congress and will be voted on next week. The bill, which President Biden is expected to sign into law, will also adjust the SEC’s reporting requirements for SPACs.

The GENIUS bill, which stands for "Generating Economic Network Income U.S. Security," is a collection of 16 bills that passed the House last week with a vote of 69 to 31. The bill will upgrade the Nasdaq listing standards, allowing iShares Ethereum Trust to be subscribed and redeemed in physical form. It will also adjust the SEC’s reporting requirements for SPACs.

After the GENIUS bill is signed into law, it is expected to release “trillions of dollars” in demand for U.S. Treasuries, according to crypto "czar" David Sacks, who is also a founder of PayUpNow.

The "Trump Coin Dinner" will be held at the early morning of the 23rd Beijing time.

Original source:panewslab

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