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RehanAhmed00
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About to buy some
eth
and
btc
. . . !!
Share some thoughts guys . . . another retest coming? ? ?
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#Write2Earn
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Major in Pakistan's Crypto Landscape 1. Strategic Partnership with Trump-Backed World Liberty Financial On April 26, the Pakistan Crypto Council (PCC) signed a Letter of Intent with World Liberty Financial (WLF), a decentralized finance platform backed by U.S. President Donald Trump. This collaboration aims to accelerate blockchain innovation, stablecoin adoption, and decentralized finance integration across Pakistan. The agreement includes initiatives like establishing regulatory sandboxes for blockchain product testing and developing. 2. Appointment of Binance Founder as Strategic Advisor Changpeng Zhao, founder of Binance, has been appointed as a strategic advisor to the PCC. His role involves assisting in shaping Pakistan's crypto regulations, infrastructure development, and educational initiatives. Zhao's involvement signifies Pakistan's commitment to becoming a regional powerhouse in digital finance and blockchain-driven growth . 3. Proposed Compliance-Based Regulatory Framework Pakistan's Federal Investigation Agency (FIA) has proposed a regulatory framework focusing on compliance with international standards, including anti-money laundering (AML) and Know Your Customer (KYC) protocols. This framework aims to balance technological advancement with national security imperatives and is expected to roll out in phases starting in 2026. 4. Utilization of Surplus Energy for Crypto Mining In an innovative move, Pakistan plans to allocate part of its surplus electricity to Bitcoin mining and AI data centers. This initiative seeks to capitalize on excess power capacity and position Pakistan as a hub for energy-intensive digital operations . 5. Youth Engagement and Economic Potential With approximately 60% of its population under the age of 30, Pakistan sees immense potential in engaging its youth in the crypto sector. The government aims to harness this demographic dividend to create new employment opportunities and drive economic growth through digital finance initiatives . $BTC $ETH $XRP #Write2Earn
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Ethereum (ETH): Ethereum has risen slightly to $1,796.92, with a 24-hour change of +0.12%. Analysts suggest that ETH is currently "criminally undervalued," indicating a strong buying opportunity for traders seeking long-term gains. Blockchain News $ETH $BTC #ETH🔥🔥🔥🔥🔥🔥 #Write2Earn
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Bitcoin (BTC): Currently trading at $93,958, Bitcoin has experienced a minor decline of 0.38% today. Traders are watching closely as BTC holds above the $93K mark, with potential to reach up to $131,000 if it maintains its current support levels. TradingView $BTC #Write2Earn! #Write2Earn
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In recent developments, Pakistan has experienced significant shifts in its energy and trade policies, notably concerning electricity tariffs and international trade relations. The government announced a Rs50 billion subsidy for electricity consumers using up to 200 units per month, aiming to alleviate the financial burden on low-income households. This move came after public outcry over a proposed 51% tariff increase, which was subsequently rolled back for protected consumers. Concurrently, the U.S. imposed a 29% tariff on Pakistani goods, citing a trade surplus. In response, Pakistan is considering importing U.S. crude oil to balance trade and reduce the tariff impact . Additionally, the Reko Diq copper-gold project, partially funded by the U.S. Export-Import Bank, is seen as a strategic asset in ongoing U.S.-Pakistan tariff negotiations. These developments highlight Pakistan's efforts to manage domestic energy costs while navigating complex international trade dynamics. The government's actions reflect a balancing act between domestic consumer protection and strategic international negotiations. #Tariffspause
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