Pakistan is taking significant steps to establish a strategic Bitcoin reserve as part of a broader, state-backed initiative to integrate digital assets into its financial framework. At the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, head of the newly formed Pakistan Crypto Council, announced the government’s plan to ...
Pakistan is set to dedicate 2,000 megawatts of electricity to Bitcoin mining and AI data centres as part of the initial phase of its national digital infrastructure initiative, Reuters reported, citing the finance ministry. This move forms a key component of Pakistan’s broader strategy to utilize surplus electricity for productive ...
In a significant policy shift, Pakistan has officially greenlit the creation of a new regulatory body dedicated to overseeing the country’s blockchain-based financial infrastructure and digital asset ecosystem. According to a recent report from state-owned broadcaster PTV, the newly formed Pakistan Digital Assets Authority (PDAA), approved by the Ministry of ...
Pakistan is reportedly taking steps toward establishing a legal framework for cryptocurrency trading, aiming to attract international investment and bring greater clarity to digital asset activities within its expanding crypto market. In an interview with Bloomberg, Bilal bin Saqib, CEO of the Pakistan Crypto Council, stated that Pakistan is determined ...
Pakistan is taking steps to legalise cryptocurrency as the government proposes amendments to the State Bank of Pakistan (SBP) Act, indicating a significant shift in its financial policy. As reported by local news outlet The Express Tribune, these amendments would empower the SBP to issue digital currency and oversee the ...
Pakistan's Ministry of Information Technology and Telecom has introduced a new policy to catalyze the advancement of artificial intelligence (AI) in the country. The Pakistani government seeks to enhance the skills of its workforce in AI and related technologies and transform its economy into a knowledge-based economy through the implementation ...
