Pakistan has established the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee and regulate the country’s crypto sector.
Pakistan News
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The IMF has reportedly blocked Pakistan’s plan to use cheap electricity for crypto mining, warning it could destabilize the energy market.
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Strategy chair Michael Saylor said during a meeting with the country’s finance and crypto ministers that he welcomed the opportunity to advise Pakistan on its crypto ambitions.
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Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan
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Pakistan’s Crypto Minister Bilal Bin Saqib is pursuing high-level US partnerships with figures like Cantor Fitzgerald’s Brandon Lutnick and NYC Mayor Eric Adams.
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Pakistan’s crypto minister met with Trump’s digital asset leadership to promote cross-border cooperation and outline Bitcoin-powered infrastructure plans.
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IMF questions Pakistan’s plan to allocate 2,000 megawatts of electricity for Bitcoin mining amid energy shortages and budget talks.
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Pakistan Prime Minister Shehbaz Sharif has appointed Pakistan Crypto Council CEO Bilal Bin Saqib as special assistant on blockchain and crypto.
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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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