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Global Spotlight:
China & Pakistan
China is planning to liquidate confiscated crypto via Hong Kong exchanges, a strategic play in global market positioning.
In Pakistan, regulators have formed two major governance bodies:
The Pakistan Crypto Council (PCC), launched in March 2025 and led by Bilal Bin Saqib, is steering national blockchain policy and launched a sovereign Strategic Bitcoin Reserve in May.
The Pakistan Virtual Assets Regulatory Authority (PVARA) began operations on July 8, 2025, charged with licensing and overseeing virtual asset services and ensuring FATF compliance as well as Sharia-compatible frameworks.
The Pakistani government is fast-tracking mainstream crypto adoption across banking, forex, and even gold trading.