| Mobile Web

Search results for virtual assets

Crypto

HancomWith teams up with Ontorium to launch tokenised gold stablecoin and finance service

HancomWith said on Monday it simultaneously launched Ontorium, a platform that tokenises physical gold, and AQUA, a service that extends tokenised gold into finance, in global markets. Ontorium issues the OXAU token backed only by 99.99 percent-purity physical gold certified by the London Bullion Market Association, with tokens matched 1:1 to underlying assets and linked on-chain to each gold bar\'s serial number. The company also plans to expand into other assets and launch a domestic mobile service later.

Crypto

UAE investors buy AI on dips, keep crypto exposure despite Middle East conflict

UAE investors have selectively bought AI and technology stocks despite rising tensions in the Middle East, showing a clear trend of rebalancing portfolios while keeping conviction in long-term growth themes. Data released by eToro showed higher allocations to software and AI infrastructure names that fell sharply in the first quarter. Crypto-related exposure also remained intact, while regulators and companies maintained operations even as security concerns and short-term risks persisted.

Crypto

Pakistan opens banking to crypto operators, mandates customer fund segregation

Pakistan\'s central bank has allowed banks to open and maintain accounts for licensed virtual asset service providers, effectively ending a ban on crypto-related financial transactions in place since 2018. Banks must verify licences issued by the Pakistan Virtual Asset Regulatory Authority or accept a no-objection certificate for limited accounts. The rules require customer funds to be held separately in non-interest rupee accounts and strengthen anti-money laundering and counter-terrorism financing obligations.