In a significant move to promote the development of blockchain and #cryptocurreny , Pakistan's Prime Minister Shehbaz Sharif has appointed Bilal Bin Saqib as the Special Assistant for #blockchain and Cryptocurrency Affairs.
Key Responsibilities:
- Developing regulations aligned with FATF standards
- Promoting Bitcoin($BTC )mining to leverage surplus electricity
- Integrating blockchain technology into government operations
Pakistan's Digital Economy Push:
This appointment is part of Pakistan's efforts to develop its digital economy and capitalize on the potential of blockchain and cryptocurrency. The country has also allocated 2,000 megawatts of surplus electricity for Bitcoin ($BTC )mining and artificial intelligence centers.