Pakistan News

Pakistan Prime Minister Shehbaz Sharif has appointed Pakistan Crypto Council CEO Bilal Bin Saqib as special assistant on blockchain and crypto.

Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and AI infrastructure, aiming to attract foreign investment.

Pakistan’s new regulatory body will be tasked with tokenizing national assets and facilitating the monetization of Pakistan’s surplus electricity through Bitcoin mining.

The Trump-backed World Liberty Financial has signed a letter of intent to assist Pakistan with DeFi, stablecoin and real-world asset tokenization innovation in the country.

Elsewhere, an industry panel told Cointelegraph that the crypto bull market probably hasn't even started yet.

The government of Pakistan is embracing cryptocurrencies following the regulatory pivot in the United States.

The Pakistan Crypto Council (PCC) was established in March to oversee the adoption of blockchain technology and digital assets.

Pakistan seeks to embrace cryptocurrencies as the world pivots toward digital assets following a policy overhaul in the United States.

Pakistan aims to regulate crypto to become a leader in blockchain finance and attract international investment, says Pakistan Crypto Council CEO.

The Finance Ministry of Pakistan is reportedly considering forming a National Crypto Council to explore the legalization of cryptocurrencies in the country.

The proposed amendments would allow for sweeping changes to the country’s financial sector. 

The U.S. Securities and Exchange Commission wants an extra $158 million to address the “Wild West of the crypto markets.”

The Information Technology University of Lahore developed the courses in partnership with the University of Denmark.

The International Monetary Fund also recommended Pakistan introduce stricter laws on collecting capital gains from real estate title transfers.

The policy framework showcases Pakistan’s willingness to integrate AI for public and national betterment. The country has set 15 targets with timelines ranging from 2023 to 2028.