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By Hannah Lang (Reuters) – The U.S. Securities and Exchange Commission’s crypto task force held its first public meeting with experts on Friday, focusing on how securities laws might apply to digital assets as the Trump administration looks to overhaul cryptocurrency regulations. Among the participants of the roundtable were John Reed Stark, former chief of the SEC’s Office of Internet Enforcement, Miles Jennings, the general counsel for Andreessen Horowitz’s crypto arm, a16z, and former SEC Commissioner Troy Paredes. Republican SEC Commissioner Hester Peirce is leading the task force, which is charged with developing rules and guidance for crypto. “Spring signifies…

FAISALABAD: Multan Region and Sialkot Region from Group ‘D’ reached the quarter-finals of the National T20 Cup after winning their final group matches at the Iqbal Stadium on Thursday. From Group ‘C’, Abbottabad and Faisalabad have qualified for the quarter-finals while two games each remain in Groups ‘A’ and ‘B’. Multan outplayed Fata by 74 runs in a must-win game as the latter were bundled out for 93 in 17.2 overs. Sharoon Siraj, Arafat Minhas and Ali Majid picked up two wickets each. Earlier, Multan opener Zain Abbas struck a half-century (51 off 41) to help his team post a…

Does the Trump economy have you on edge? Send money overseas, using this sortable list of Best Buys in international funds. For most of the 21st century, investors have been in love with the U.S. and lacking a motive to send money abroad. This year they have, for some reason, changed their thinking. So far foreign stocks are up 9% (dividends included), U.S. stocks down 5%. If you want to join the flight overseas, use this guide to cost-effective index funds. They all have expenses no higher than 0.16% ($16 a year per $10,000), assets of at least $50 million…

Katie Haun is back on the fundraising circuit. The former federal prosecutor, who raked in $1.5 billion for her record-breaking debut venture funds in 2022, is targeting $1 billion across two new crypto-focused funds, according to people familiar with the fundraise. Her firm, Haun Ventures, is expected to close the raise in June. A spokesperson for Haun Ventures declined to comment. Haun launched her venture firm at the height of the last crypto bull market, raising $1.5 billion—the largest ever by a first-time female VC. At the time, it was the latest in a series of mega-raises by blockchain-focused firms,…

AUCKLAND: After consecutive ducks in his first two Twenty20 Internationals — part of the ongoing five-match series against New Zealand — Hasan Nawaz was convinced that he wasn’t ready for international cricket. But before the barrage of negative thoughts could fully weigh the 23-year-old down, Pakistan captain Salman Ali Agha and his deputy Shadab Khan showed up to the opener with reassurance. The interference — perhaps a conscious effort to inculcate the elusive sense of security among newer players in the national side’s dressing room — did wonders, as Hasan went on to smash the fastest century ever by a…

The U.S. government’s move to formalize a strategic Bitcoin reserve was met with skepticism — and, in some corners of the market, outright disappointment. “That strategic reserve was massively underwhelming for the market,” said Imran Lakha, founder of Options Insight at Deribit’s Crypto Options Unplugged podcast. “Everyone was like, oh, they’re going to buy loads of Bitcoin, they’re going to buy loads of Bitcoins. No, we’ve just got a load of Bitcoin and we’re going to hold onto it. And so the market wasn’t very happy with that in the reaction.” This comes as President Donald Trump announced plans for…

On March 22, the U.S. Securities and Exchange Commission (SEC) held its first crypto task force meeting to address the growing need for clearer regulation around digital assets. The meeting is the first crypto task force meeting to ensure friendlier laws surrounding digital assets. The task force is lead by SEC Commissioner Hester Peirce. A central issue was whether existing securities laws — some dating back to the 1940s—are still fit for purpose in the age of blockchain technology. Many panelists argued that relying on outdated legal frameworks is creating confusion, hampering innovation, and pushing crypto businesses out of the…

A PAKISTANI migrant worker has died while working on a new stadium, being built for the 2034 World Cup in Saudi Arabia, the Guardian reported. Muhammad Arshad fell to his death from an upper level during the construction of the Aramco Stadium in the city of Al-Khobar earlier this month. His is the first-known death of a migrant worker linked to construction for the 2034 World Cup, coming just three months after the Gulf kingdom was named the host of the tournament. Arshad’s death was confirmed by Besix Group, a Belgian construction multinational, whose subsidiary Six Construct is one of…

Bitcoin is an ideology, a protocol, an asset, and a commodity, Michael Saylor said. He added that Bitcoin is digital scarcity, digital gold, and digital money. Saylor shared his thoughts while giving a presentation of “21 truths of Bitcoin” at the Digital Assets Summit in New York on March 20. Saylor is the co-founder of MicroStrategy — now operating under the name “Strategy” (Nasdaq: MSTR/STRK) who is well-known for his bullish outlook on Bitcoin. He called the cryptocurrency immaculate, ethical, and legitimate at the summit. He added that Bitcoin is corporate, global, and immortal. The Strategy co-founder did not stop…

By Hannah Lang (Reuters) – The U.S. Treasury on Friday lifted economic sanctions against Tornado Cash, a firm that makes cryptocurrency transactions harder to track, which the Biden administration had accused of helping launder more than $7 billion for North Korean and other cyber hackers. The Treasury Department’s Office of Foreign Assets Control blacklisted Tornado Cash in 2022 after concluding it was helping launder the proceeds of cyber crimes, including more than $455 million stolen by Lazarus, a North Korean government-backed hacking group. Six users of Tornado Cash – a cryptocurrency “mixer” that obscures the origins and recipients of transactions…