🇵🇰 Pakistan Steps In! New Crypto Authority & CBDC Pilot Signal Asia’s Digital Power Shift ⚡
Hey Striver 👋
While everyone’s eyes are on the U.S., a surprising move just emerged from South Asia — and it could change the game for billions. 🌍
Pakistan, often overlooked in global tech headlines, has quietly made two bold moves in the crypto space. First, it officially launched the Pakistan Virtual Assets Regulatory Authority (PVARA) — a dedicated body to license and oversee digital asset activity. Think of it as Pakistan’s own SEC, but built specifically for crypto. 🏛️
Second, its central bank has kicked off a pilot program for a national digital currency (CBDC). Yes — the same kind of tech that China's already running, and India’s been pushing forward.
This isn’t just local news. It’s a loud message:
Crypto and digital finance are no longer playgrounds for just the West.
By building formal infrastructure and testing digital currency tools, Pakistan is staking its position in the global digital economy. And here's the thing — when countries with over 240 million people start leaning into blockchain, the ripple effect spreads fast. 🌊
So while Bitcoin makes headlines for flying high, don’t ignore what’s happening on the ground in places like Islamabad. Because sometimes, the next breakout doesn’t come from Wall Street — it comes from where you least expect it.
Striver, the future of crypto isn’t just being written by superpowers.
It’s being built by any nation bold enough to embrace the shift. And Pakistan just took a giant step forward. 🚀
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