On July 17, PANews reported that Pakistan's crypto minister Bilal Bin Saqib recently met with El Salvador's President Nayib Bukele to discuss Bitcoin adoption strategies and signed a memorandum of understanding for cooperation in the crypto field. It is reported that the agreement was jointly signed by El Salvador's Bitcoin Office and Pakistan's Crypto Committee, aiming to establish a cooperation framework related to Bitcoin, focusing on public sector adoption, blockchain-driven financial inclusion, and policy formulation suitable for emerging economies.
El Salvador currently holds over 6,240 Bitcoins, valued at approximately $740 million. Although its Bitcoin policy has been questioned by the International Monetary Fund (IMF), it continues to be firmly promoted.
