🇵🇰 Pakistan's Tech Initiatives: Bitcoin Mining and AI Data Centers
Pakistan is planning to utilize its surplus electricity by supporting Bitcoin mining and AI data centers. This initiative aims to address inefficiencies in the energy sector and advance the country's position in emerging technologies. Bilal Bin Saqib, head of the Pakistan Crypto Council and adviser to the finance minister, stated that discussions are underway with several mining firms, and locations for mining centers will be selected based on regional excess power availability. Changpeng Zhao, founder of Binance, has been appointed as a strategic adviser to the council, focusing on blockchain infrastructure, regulatory frameworks, and national digital initiatives.
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🪙 Pakistan Air Force Launches Commemorative Crypto Token
The Pakistan Air Force (PAF) has introduced the $PAFV token on the Solana blockchain to commemorate its aerial victory on May 8. This military-themed token is currently in the pre-sale stage, with 10% of the total supply allocated for early supporters. The initiative marks a unique blend of national pride and blockchain technology.
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✍️ Binance Square's "Write to Earn" Program
Binance has launched the "Write to Earn" program, encouraging content creators to share their crypto knowledge and insights. Participants can earn rewards in the form of BNB and other tokens by publishing original content, such as articles and polls, on Binance Square. This initiative aims to empower creators and foster a knowledgeable crypto community.
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📰 Clarification: No Ban on Marked Currency Notes
The State Bank of Pakistan (SBP) has officially denied rumors suggesting that currency notes with pen marks or handwriting will be banned from July 1, 2025. The SBP clarified that no such notification has been issued and that all currency notes, including those with minor pen marks, will remain legal tender. The public is advised to disregard any misinformation circulating on social media regarding this matter.
