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Pakistan News
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Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and AI infrastructure, aiming to attract foreign investment.
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Pakistan’s new regulatory body will be tasked with tokenizing national assets and facilitating the monetization of Pakistan’s surplus electricity through Bitcoin mining.
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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.
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Elsewhere, an industry panel told Coinpectra that the crypto bull market probably hasn't even started yet.
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The government of Pakistan is embracing cryptocurrencies following the regulatory pivot in the United States.
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The Pakistan Crypto Council (PCC) was established in March to oversee the adoption of blockchain technology and digital assets.
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Pakistan seeks to embrace cryptocurrencies as the world pivots toward digital assets following a policy overhaul in the United States.
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Pakistan aims to regulate crypto to become a leader in blockchain finance and attract international investment, says Pakistan Crypto Council CEO.
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The Finance Ministry of Pakistan is reportedly considering forming a National Crypto Council to explore the legalization of cryptocurrencies in the country.
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The proposed amendments would allow for sweeping changes to the country’s financial sector.
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The U.S. Securities and Exchange Commission wants an extra $158 million to address the “Wild West of the crypto markets.”
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The Information Technology University of Lahore developed the courses in partnership with the University of Denmark.
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The International Monetary Fund also recommended Pakistan introduce stricter laws on collecting capital gains from real estate title transfers.
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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.
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