#BinanceAlphaAlert

As of May 2025, Pakistan is undergoing a significant transformation in its approach to cryptocurrency, moving from regulatory ambiguity to proactive engagement.([Xchanger - E Currency Exchanger][1])

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### ๐Ÿ‡ต๐Ÿ‡ฐ Pakistanโ€™s Crypto Landscape: May 2025 Snapshot

#### ๐Ÿ›๏ธ Regulatory Developments

In a landmark move, Pakistan has established the **Pakistan Digital Assets Authority (PDAA)** to oversee the nation's crypto and blockchain sectors. This authority aims to regulate digital asset exchanges, wallets, stablecoins, and decentralized finance (DeFi) platforms, marking a decisive shift from previous uncertainties. ([Cryptonews][2])

Additionally, the **Virtual Assets Bill 2025** is poised to provide a comprehensive legal framework for digital assets, focusing on anti-money laundering (AML) and counter-terrorism financing (CTF) measures, while also promoting innovation through regulatory sandboxes. ([The News International][3])

#### ๐Ÿ“ˆ Adoption and Economic Impact

Pakistan ranks among the top 10 countries globally for crypto adoption, with over **25 million active users**. The nation's substantial **\$30 billion remittance market** presents a significant opportunity for blockchain integration. ([CryptoSlate][4])

In response to economic challenges, including high electricity tariffs and surplus power, Pakistan is exploring the use of excess energy for **Bitcoin mining and AI data centers**. This initiative aims to stimulate economic growth and position the country as a hub for emerging technologies. ([Reuters][5])

#### ๐ŸŒ International Collaborations

Pakistan is actively engaging with global crypto leaders. Notably, **Changpeng Zhao**, founder of Binance, has been appointed as a strategic adviser to the Pakistan Crypto Council, contributing to the development of blockchain infrastructure and regulatory frameworks. ([Reuters][5])

Furthermore, **World Liberty Financial (WLFI)** has signed a memorandum of understanding with Pakistan's finance ministry to facilitate the use of its USD1 stablecoin for remittances and trade,