SAPM Bilal Bin Saqib announced that Pakistan is developing a crypto regulatory framework aligned with FATF guidelines to curb money laundering and terrorism financing.
He shared plans for a “Bitcoin National Wallet” to hold seized Bitcoins and receive global donations. Bitcoin mining will be done through public-private partnerships, and earnings will go to the same wallet.
He emphasized that crypto misuse is minimal compared to cash and said this move could lead to AI data centres in Pakistan.
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