The partnership aims to accelerate blockchain innovation by establishing regulatory sandboxes to test blockchain-based financial solutions.
Pakistan’s Finance Ministry is taking steps toward formal cryptocurrency regulation, which could significantly change the country’s historically cautious stance on digital assets.
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One of the core enhancements included in the proposal is the introduction of staking rewards tied to Sky’s decentralized stablecoin, USDS.
These rewards will be distributed based on the income generated by the protocol, with an initial payout expected two to three weeks after the upgrade.
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Crucial Test At $160 Resistance
Solana (SOL) is currently trading at $147 after several days of struggling to break above the recent high of $157. Bulls have maintained control in the short term, but momentum appears to be fading as price action continues to stall below the key $160 resistance zone. This level remains ...
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Establishing the Digital Asset Working Group
President Trump’s executive order led to the creation of the President’s Working Group on Digital Asset Markets within the National Economic Council.
This group is responsible for reviewing existing regulations and proposing clearer guidelines for the digital asset sector.
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