Bitcoin (BTC) Dips Below 81,000 USDT Despite Daily Gain of 0.85%
As of 15:06 UTC on March 12, 2025, Bitcoin has dipped just under the 81,000 USDT threshold, trading at 80,992.04 USDT based on Binance market data. Despite the slight decline, BTC still reflects a 0.85% gain over the past 24 hours.
Binance founder Changpeng Zhao, aka CZ, is now the Strategic Adviser to Pakistan's Crypto Council. This move aims to boost Pakistan's digital finance and blockchain growth, positioning the country as a regional leader.
*Key Highlights:*
- *Appointment*: CZ's role involves guiding Pakistan's regulatory framework, infrastructure development, and educational initiatives for blockchain and cryptocurrency adoption. - *Pakistan's Potential*: With over 240 million people, 60% of whom are under 30, Pakistan offers immense potential for digital financial services. - *Government Vision*: Finance Minister Senator Muhammad Aurangzeb sees this as a "landmark moment" for Pakistan, signaling its openness to innovation and digital growth. - *Pakistan Crypto Council*: Established under the Finance Division, the council will regulate the cryptocurrency industry and integrate blockchain technology into the nation's financial system ¹ ².
*What to Expect:*
- Development of a compliant and globally competitive crypto ecosystem - Increased foreign investment in Pakistan's financial sector - Growth in Web3 technologies and digital finance - Educational initiatives to promote blockchain awareness and adoption
This appointment marks a significant step in Pakistan's journey towards becoming a major player in the digital finance landscape. With CZ's expertise, the country is poised to capitalize on the rapid growth of blockchain and cryptocurrency technologies.
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