Pakistan is rapidly transforming into a rising crypto hub, fueled by regulatory reforms, strategic partnerships, and a tech-savvy youth population.
Key Developments:
Formation of the Pakistan Crypto Council (PCC): Established in March 2025, the PCC aims to oversee and promote blockchain technology and digital assets within the country.
Strategic Advisory by Binance Founder: Changpeng Zhao, founder of Binance, has been appointed as a strategic adviser to the PCC, signaling Pakistan's commitment to integrating global expertise into its crypto initiatives.
Proposed Compliance-Based Regulatory Framework: Pakistan's regulators have introduced a framework focusing on anti-money laundering (AML) and Know Your Customer (KYC) protocols, aligning with international standards set by the Financial Action Task Force (FATF).
Utilization of Surplus Energy for Bitcoin Mining: To address energy overcapacity, Pakistan plans to direct surplus electricity to Bitcoin mining and AI data centers, particularly in energy-rich regions.
Youth-Centric Approach: With over 60% of its population under 30, Pakistan is focusing on empowering its youth through blockchain and AI education, aiming to foster economic growth and establish itself as a leader in the digital space.
Market Snapshot:
Pakistan's proactive approach to crypto regulation and infrastructure development positions it as a potential leader in the South Asian digital economy. By embracing innovation and fostering international collaborations, the country aims to attract foreign investment and drive sustainable economic growth.
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