🇵🇰 New Developments in Cryptocurrency in Pakistan:
1. Establishment of Pakistan Crypto Council
The government established the "Pakistan Crypto Council" in March 2025 to promote blockchain and digital assets.
2. National Bitcoin Reserve
Pakistan has announced a national reserve of Bitcoin which will be held as a long-term investment, with no intention to sell.
3. Allocation of 2000 Megawatts of Power for Bitcoin Mining
The government has decided to provide electricity for Bitcoin mining and AI data centers, which is also facing public criticism.
4. Ongoing Work on Regulations
The government is working on a comprehensive regulatory framework to legalize cryptocurrency.
5. Global Cooperation and American Influence
Pakistan has changed its policy influenced by the United States and other countries.
6. Public Acceptance
Pakistan is among the top countries adopting cryptocurrency, with 15 to 20 million people interested in crypto.
Translated by App