š Pakistan Enters the Crypto Big League! šµš° Appoints Young Star Bilal Bin Saqib as Crypto Minister š„
In a game-changing move, Pakistan has appointed Bilal Bin Saqibāa London School of Economics grad and MBE recipient from King Charles IIIāas Special Assistant to the Prime Minister on Blockchain and Crypto, giving him ministerial-level authority š§āš¼š». Saqib, already a key figure in the local crypto scene as CEO of the Pakistan Crypto Council (PCC), is now officially tasked with creating crypto-friendly regulations, launching Bitcoin mining projects, and integrating blockchain into government systemsāincluding land records and finance š”š. He also brought Binance founder CZ onboard as a strategic advisor to shape the nationās digital future šš.
š” But thatās not allāPakistan is also stepping up its tech game big time by allocating 2,000 megawatts of surplus electricityā” to fuel crypto mining and AI development! This move aims to attract massive foreign investment and generate high-skilled jobs for the country's youthful populationāover 60% of which is under 30 šØāšš§ . Saqib had originally proposed this idea, which will now move into a second phase powered by renewable energy for sustainability š±. With global crypto adoption on the rise, this plan places Pakistan among digital frontrunners like the U.S., UAE, and El Salvador šš.
š¦ With 40 million crypto users, a $300B trading volume, and 40,000+ IT grads produced annually, Pakistan stands at a digital crossroads šš£ļø. Bilal Bin Saqibās appointment signals a clear commitment to aligning with global tech trends and building a Web3-powered economy. šµš°š„ From freelance dominance to blockchain governance, Pakistan is making bold movesāšØ is this the start of a crypto revolution in South Asia? Drop your thoughts below! ā¬ļøš¬
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