US EditionPakistan inches closer to entering crypto world
- Pakistan is moving closer to cryptocurrency with the formation of the Pakistan Crypto Council, led by Finance Minister Muhammad Aurangzeb, who stated, "This is the beginning of a new digital chapter for our economy."
- The Pakistan Crypto Council partnered with World Liberty Financial to advance cryptocurrency applications, with the intention to announce comprehensive legalization policies soon.
- Pakistan, with a young population and rising mobile penetration, seeks to attract international investment by creating a regulatory framework for digital assets, as reported by Saqib in Bloomberg.
- The government plans to announce comprehensive cryptocurrency legalization policies, aiming to establish Pakistan as a top crypto market, as mentioned in the finance ministry's statement.
13 Articles
13 Articles
Pakistan inches closer to entering crypto world
Pakistan on Saturday announced that it has initiated a deal with President Donald Trump-backed World Liberty Financial to accelerate the journey towards legally adopting digital currencies, in a move that might follow a slew of legal changes to inch towards the crypto world. The Ministry of Finance made the announcement following separate meetings between the World Liberty Financial (WLF) delegation and Chief of Army Staff General Asim Munir, Pr…
Officials unveil radical new plan to repurpose excess energy for surprising use: 'This is the beginning of a new digital chapter'
Surplus electricity in Pakistan could power its future as a cryptocurrency titan. In March, the newly formed Pakistan Crypto Council had its inaugural meeting, which was presided over by Finance Minister Muhammad Aurangzeb, according to Profit. The concept of using the country's surplus electricity for bitcoin mining was discussed at length. Pakistan's energy surplus comes as a result of "large-scale construction of new power plants," according …
WLF signs letter of intent with PCC to boost DeFi initiatives – Pakistan
World Liberty Financial (WLF) has signed a significant Letter of Intent (LoI) with the Pakistan Crypto Council (PCC) aimed at accelerating blockchain innovation and decentralised finance (DeFi) integration in Pakistan. The agreement was formalized during a meeting that included key figures from the Pakistani government, such as the Prime Minister and the Chief of Army Staff. The partnership will focus on several areas, including the creation of …
World Liberty Financial Joins Pakistan to Boost Blockchain Growth
World Liberty Financial (WLF), a decentralized finance (DeFi) platform associated with former U.S. President Donald Trump, has entered into a major partnership with the Pakistan Crypto Council (PCC) through a Letter of Intent (LoI) designed to promote blockchain advancement, accelerate stablecoin adoption, and strengthen DeFi integration across Pakistan. A delegation from WLF, which included Zachary Folkman, Zachary Witkoff—son of Steve Witkoff,…
WLF inks LoI with PCC to accelerate DeFi
ISLAMABAD: World Liberty Financial (WLF), the decentralised finance (DeFi) platform backed by the US President Donald Trump, on Saturday has signed a landmark Letter of Intent (LoI) with the Pakistan Crypto Council (PCC) to accelerate blockchain innovation, stable-coin adoption, and decentralised finance (DeFi) integration across Pakistan. The WLF delegation including Zachary Folkman, Zachary Witkoff (son of Steve Witkoff who’s the United States…
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