[Aug 14 9:30 AM] Soramitsu, a Japan-based blockchain developer, will help the government of Pakistan build its central bank digital currency effort, after having been involved in similar projects. The Pakistan CBDC pilot is being implemented with offline payment…
[Jul 18 8:30 AM] The government of the Islamic Republic of Pakistan established diplomatic ties with the Republic of El Salvador in a recent meeting, discussing an information-sharing agreement on bitcoin. The two countries are currently seeking to embrace the…
[Jul 16 7:28 PM] Bitcoin Magazine El Salvador And Pakistan Leaders Meet To Discuss Bitcoin President Nayib Bukele of El Salvador hosted Pakistan’s Minister of Crypto, Bilal Bin Saqib, for a meeting focused on expanding global Bitcoin collaboration. According to an…
[Jul 14 3:30 AM] India’s financial intelligence unit is probing Binance and private crypto wallets over a suspected spike in cross-border transfers from Pakistan, potentially tied to illicit financing networks. Amid growing security concerns, India’s…
[Jul 9 6:30 AM] On July 8, the Pakistan government announced the establishment of the Pakistan Virtual Assets Regulatory Authority, an independent body responsible for licensing, monitoring, and supervising virtual asset service providers (VASPs). Introduction of…
[Jun 13 6:37 PM] Bitcoin Magazine Pakistan’s Strategic Bitcoin Reserve: A Step Toward Orange-Pilling a Nation? Pakistan’s relationship with Bitcoin has been marked by inconsistency and confusion over the past few years. Initially, the country outright banned…
[Jun 2 2:30 AM] Pakistan rocked global crypto circles with bold plans for a national Bitcoin reserve—only to spiral into confusion as top officials fiercely denied any policy shift. Bitcoin Reserve or Political Mirage? Pakistan’s Leaders Clash on Crypto Future…
[May 31 10:30 PM] Amid ongoing economic negotiations, Pakistan’s unprecedented plan to integrate bitcoin into its national strategy has sparked concern from the International Monetary Fund, which was not consulted on the initiative. The country declared the…
[May 26 6:30 AM] Pakistan announced on May 25 a national initiative to allocate 2,000 megawatts (MW) in its initial phase to power bitcoin mining and artificial intelligence (AI) data centers. This strategic move by the finance ministry aims to leverage the…
[May 22 7:30 AM] The Pakistani Ministry of Finance has announced a significant initiative to regulate digital assets in the country, unveiling plans for the establishment of the Pakistan Digital Assets Authority (PDAA). This dedicated body aims to oversee the…
[Apr 11 6:30 AM] Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support. Turning Watts into…
[Apr 9 4:55 PM] Bitcoin Magazine Pakistan to Use Surplus Electricity for Bitcoin Mining and AI Data Centers: Report Pakistan will channel part of its surplus electricity into powering Bitcoin mining and artificial intelligence (AI) data centers, a significant…
[Apr 8 4:30 AM] Binance founder Changpeng Zhao has been appointed strategic advisor to the Pakistan Crypto Council, reinforcing the country’s commitment to building a competitive and regulated digital asset ecosystem. CZ to Advise Pakistan Crypto Council on…
[Mar 24 11:30 AM] Pakistan is reportedly planning to develop a specialized electricity tariff regime for crypto mining and blockchain-based data centers. Pakistan Crypto Council Spearheads Initiative In a significant move, Pakistan is reportedly developing…
[Mar 21 7:30 AM] Pakistan is set to legalize cryptocurrency and implement a regulatory framework to attract foreign investment, according to Bilal bin Saqib, the country’s newly appointed crypto advisor. With millions of Pakistanis already engaged in crypto, the…
[Mar 20 1:24 PM] Bitcoin Magazine Pakistan Plans To Legalise Bitcoin And Crypto Bilal Bin Saqib, CEO of the Pakistan Crypto Council, told Bloomberg on Thursday that Pakistan has plans to legalise bitcoin and crypto and implement a regulatory framework to attract…
[Mar 17 8:30 AM] The newly established Pakistan Crypto Council aims to integrate blockchain technology and digital assets into the country’s financial system through clear regulations and innovation-driven policies. Finance Minister Muhammad Aurangzeb, serving as…
[Mar 5 11:10 PM] The Finance Minister of Pakistan has named Bilal bin Saqib, a Web3 investor, as the chief advisor for the Pakistan Crypto Council. Bilal bin Saqib an Ideal Candidate Pakistan’s Finance Minister has appointed Bilal bin Saqib, a Web3 investor…
[Nov 5, 2024 6:30 AM] The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital…
[Jan 23, 2024 8:30 AM] Pakistan is one of the emerging markets in Southeast Asia with a population of approximately 250 million, and a country where the majority of the population lives below the poverty line. The people of Pakistan are hopeful; many believe that good…
[Jun 19, 2023 11:30 PM] In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to address U.S. dollar liquidity challenges. Recent sources now reveal that Bangladesh is welcoming a…
[May 24, 2023 2:12 AM] The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to…
[May 24, 2023 12:44 AM] 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.
[May 18, 2023 11:25 AM] Pakistan's government has hardened its stance against cryptocurrencies, with Minister of State for Finance and Revenue Aisha Ghaus Pasha saying they will “never be legalized in Pakistan.”
[May 18, 2023 3:30 AM] Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the legalization of…
[Apr 8, 2023 11:30 AM] China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September…
[Apr 7, 2023 10:30 PM] Tucker Carlson, host of Fox News and the “Tucker Carlson Tonight” show, analyzed the situation surrounding de-dollarization movements that countries like China and Russia have promoted recently. Carlson stated that sanctions on Russia…
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