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#TradingTypes101 Pakistan's engagement with Bitcoin is marked by a complex interplay between progressive initiatives and existing legal constraints. In May 2025, Bilal Bin Saqib, CEO of the Pakistan Crypto Council and Special Assistant to the Prime Minister on Blockchain and Crypto, announced plans to establish a national strategic Bitcoin reserve. This initiative includes allocating 2,000 megawatts of surplus electricity to support Bitcoin mining and AI data centers, aiming to utilize excess power capacity and foster technological advancement . However, despite these forward-looking measures, the State Bank of Pakistan and the Ministry of Finance have reiterated that cryptocurrency transactions remain illegal under current regulations. This contradiction has led to confusion and criticism, highlighting the need for a coherent policy framework . To address this, the Pakistan Crypto Council is set to convene on June 2 to discuss the development of a regulatory framework for digital assets, including the potential establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA) . As of now, while Pakistan explores the potential of integrating Bitcoin into its economic strategy, the legal status of cryptocurrency remains unresolved, necessitating clear regulatory guidelines to align national initiatives with existing laws.
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๐ #CEXvsDEX101: Centralized or Decentralized? Letโs break it down! ๐ธ ๐ CEX (Centralized Exchange): Think Binance or Coinbase! User-friendly, high liquidity, but you hand over your keys. Great for beginners, but watch out for hacks! ๐ฆ ๐ DEX (Decentralized Exchange): Uniswap or PancakeSwap vibes! You keep control of your funds, trade peer-to-peer, and stay privateโno KYC needed. Perfect for DeFi fans, but gas fees can bite! โฝ ๐ก Pro tip: Mix both! Use CEX for quick trades, DEX for privacy & new tokens. Whatโs your crypto style? Comment below! ๐ #CryptoTrading #CEXvsDEX101
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Hi pioneers, Al hamdulillah, today my KYC verified after 6 years. #MarketPullback #pi #PiNetworkMainnet
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๐จ Scam Alert: Pump & Dump Groups ๐จ Beware of so-called crypto signal groups that promise big profits but are actually a trap for individual traders! ๐ How the Scam Works: 1๏ธโฃ Large whales run private signal groups with thousands of members. 2๏ธโฃ They signal their members to buy a specific crypto coin, causing its price to rise. 3๏ธโฃ Their members create hype on social media, attracting new individual investors. 4๏ธโฃ When enough people invest, the whales signal their members to sell, crashing the price. 5๏ธโฃ The result? The whales make huge profits while individual traders lose their money. ๐ก Moral of the Story: โ Don't trust hype created on social media. ๐ฐ Only invest what you can afford to lose. ๐ Do your own research before investing in any crypto. Stay safe in the crypto world! ๐๐ #CryptoScamAlert #pumpanddump #CryptoWhales #dyor #InvestWisely $BTC
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Binance word of the day ended today how much you answered the puzzle? do any body how much will be awarded to me as won 14/14? #MarketPullback #WhiteHouseCryptoSummit $BTC
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