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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 Wealth: Pakistan Leverages Excess Energy for Crypto Mining Pakistan is looking to bitcoin mining and artificial intelligence (AI) … Read more
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 Regulation and Web3 Adoption Changpeng Zhao (CZ), founder of Binance, has been named strategic advisor to the Pakistan Crypto Council (PCC). … Read more
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 specialized electricity tariffs to attract crypto mining and blockchain-based data centers, further loosening its past stance on cryptocurrencies. This initiative aims to capitalize on … Read more
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 government seeks to establish clear guidelines to support growth and innovation. Pakistan Moves to Regulate Cryptocurrency for Foreign Investment Pakistan … Read more
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 Chair, emphasized the government’s dedication to fostering a secure and progressive crypto ecosystem. The initiative reflects Pakistan’s proactive stance on positioning itself as a … Read more
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, as the chief advisor for the Pakistan Crypto Council. This appointment is seen as a step … Read more
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 currency in both digital and physical forms. The amendments expand Section 24 to include digital issuance alongside traditional … Read more
The proposed amendments would allow for sweeping changes to the country’s financial sector. Go to Source
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. Go to Source Powered by WPeMatico
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, and at the end of March, Saudi Arabia’s Cabinet approved the decision to become a dialogue partner. The Cabinet’s decision … Read more
