🚀 PAKISTAN ACCELERATES CRYPTO ADOPTION: LATEST UPDATES 🇵🇰

1️⃣ Pakistan & El Salvador Forge Strategic Crypto Alliance
After searching for relevant news and research on SoSoValue, we confirm Pakistan and El Salvador have established diplomatic ties focused on cryptocurrency. The partnership includes discussions on Bitcoin mining strategies and potential strategic reserves. This collaboration aims to position Pakistan as a regional crypto hub.

2️⃣ Central Bank Digital Currency (CBDC) Pilot Announced
Pakistan’s central bank will launch a pilot for its digital currency, signaling a major shift toward blockchain-based financial infrastructure. This move aligns with global trends in sovereign digital currencies.

3️⃣ Regulatory Framework Advances
Pakistan recently launched the Digital Asset Authority (PVARA), a dedicated regulatory body overseeing crypto assets. This establishes clear guidelines for exchanges, stablecoins, and blockchain projects operating in Pakistan.

4️⃣ Energy Subsidies for Mining Rejected
The IMF blocked Pakistan’s proposal to subsidize power for Bitcoin mining, citing market destabilization risks. This highlights the balance needed between crypto innovation and economic stability.

👉TAKERS :
Pakistan’s pivot from crypto bans to proactive regulation reflects a global shift. With 25 million+ expected crypto users by 2025 (ADB report), Pakistan ranks as the 8th-largest crypto market worldwide.

🔍 Community Buzz:

Crypto analysts highlight Pakistan’s potential to “leapfrog” traditional finance via blockchain (Cointelegraph).Debate continues on balancing energy costs for mining vs. economic growth.

BTC
#CryptoPakistan #BlockchainRevolution #Bitcoin