State Bank now allows banks to open accounts for licensed crypto companies and their users.
What this means for you: • Crypto is moving toward legal structure You will start seeing regulated exchanges instead of grey market setups • Banks can now work with crypto companies But only those approved by PVARA • Your funds will be kept separate Customer money must stay isolated from the company’s funds This reduces misuse risk • No cash deposits or withdrawals Everything will stay within the banking system Full traceability • Accounts will be PKR based No interest, no lending against your crypto funds • Strong monitoring Banks must track activity and report suspicious transactions
What this means for exchanges: • You must get a license from PVARA No license, no banking access • Full compliance required AML, KYC, risk profiling, ongoing monitoring • Separate client money accounts mandatory No mixing with company funds • You cannot use customer funds for lending or leverage • You cannot operate freely without oversight anymore
Big takeaway: Pakistan is not banning crypto. It is forcing it into a regulated system. If you are trading or building in crypto, this is a shift toward legitimacy. The wild west phase is ending (soonish).
BREAKING: The US is considering sending up to 10,000 additional ground troops to the Middle East to give President Trump "more military options," per WSJ.
Details include:
1. These troops would be be added to the 5,000 Marines and the thousands of paratroopers from the 82nd Airborne Division
2. The force would likely include infantry and armored vehicles
3. It is unclear where precisely forces will go in the Middle East, but they will likely be within striking distance of Iran and Kharg Island
4. Trump continues to state he will open the Strait of Hormuz, "with or without the help" from allies
🚨BREAKING: The FBI has warned police departments in California that Iran could launch a retaliatory attack at the US West Coast using drones, per ABC News.
Details include:
1. The alert said that the FBI "recently acquired information" of a potential "surprise attack"
2. Iran "aspired" to do this using unmanned aerial vehicles from an unidentified vessel off the coast
3. Targets are "unspecified" but expected to be in California
4. A spokeswoman for the FBI office in LA declined to comment
Ethereum is consolidating inside the horizontal channel. No exact vector for now. Yet, the price is now in the upper part of the channel, above 0.5 Fibo lvl — bullish sign.
If you are not a huge fan of $ETH — I wouldn't touch it (if I were in your shoes) until it breaks $2100 - $2150 resistance.
Once it does — there will be a LONG with tight stop loss opportunity available. Targets are $2400 and $2640.
🚨 Pakistan has initiated counter cyber operations, including distributed denial-of-service (DDoS) actions, targeting Israeli government websites in response to ongoing developments involving Israel.
IRAN: Ayatollah Arafi takes role of acting Supreme Leader following Khamenei’s death
IMPORTANT: Ayatollah Alireza Arafi, 67, appointed acting Supreme Leader of Iran. A hardline cleric and establishment insider, Arafi authored 20+ books on fiqh and philosophy. • Head of Iran’s seminaries since 2016 • Ex-chairman of Al-Mustafa International University. • Jurist on Guardian Council since ~2019 • Member of Assembly of Experts since 2022
He will carry out Supreme Leader duties until a permanent successor is selected.
JUST IN: 🇮🇷 Iran confirms the death of Supreme Leader Khamenei's daughter, granddaughter, son-in-law, and daughter-in-law.
🚨 Massive explosions rock Iran capital Tehran after new strikes by US and Israeli fighter jets
🚨 BREAKING: Donald Trump was pushed by Israel and Saudi Arabia to strike Iran, with Saudi Crown Prince Mohammad bin Salman making numerous phone calls to Trump "advocating for an attack" -
🚨 US War Minister: The War Ministry has begun the most deadly, complex, and precise air operation in history of US again IRAN
🚨 Heavy bombing strikes multiple Iranian cities as a major assault begins ..!
* 10+ Iranian cities are under attack currently including Tehran
🚨 BREAKING: Donald Trump was pushed by Israel and Saudi Arabia to strike Iran, with Saudi Crown Prince Mohammad bin Salman making numerous phone calls to Trump "advocating for an attack" -