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Trump-backed crypto venture partners with Pakistan Crypto Council to boost blockchain adoption
#crypto #TrumpCrypto #pakistanicrypto
The Pakistan Crypto Council (PCC) on Saturday partnered with World Liberty Financial (WLF), a decentralised finance platform backed by United States President Donald Trump, to advance cryptocurrency applications and boost blockchain adoption.
Trump and his affiliates hold a 60 per cent stake in WLF, which launched last year. The US president has promised to regulate the industry favourably and his administration has eased enforcement actions against several big industry players.
A press release from the finance ministry said a WLF delegation visited Islamabad today and signed a letter of intent with the PCC. The delegation comprised Zachary Folkman, Chase Herro and Zachary Witkoff, the son of Trump’s special envoy Steve Witkoff.
“[The] WLF … has signed a landmark Letter of Intent with the PCC to accelerate blockchain innovation, stablecoin adoption and decentralised finance integration across Pakistan,” the press release reads.
It added that the delegation met the prime minister, chief of army staff, deputy prime minister, information and defence ministers to formalise cooperation, “marking a major step toward positioning Pakistan as a global leader in the digital finance revolution”.
The statement said the government has signalled plans to announce comprehensive crypto legalisation policies soon, to bolster “Pakistan’s position as one of the fastest-growing crypto markets in the world”.
The letter was signed during a meeting between the WLF and the PCC, which was attended by Finance Minister Muhammad Aurangzeb via video link. PCC CEO Bilal Bin Saqib, the chairman of the Securities and Exchange Commission of Pakistan (SECP) and the State Bank governor were also present.
#crypto #TrumpCrypto #pakistanicrypto
The Pakistan Crypto Council (PCC) on Saturday partnered with World Liberty Financial (WLF), a decentralised finance platform backed by United States President Donald Trump, to advance cryptocurrency applications and boost blockchain adoption.
Trump and his affiliates hold a 60 per cent stake in WLF, which launched last year. The US president has promised to regulate the industry favourably and his administration has eased enforcement actions against several big industry players.
A press release from the finance ministry said a WLF delegation visited Islamabad today and signed a letter of intent with the PCC. The delegation comprised Zachary Folkman, Chase Herro and Zachary Witkoff, the son of Trump’s special envoy Steve Witkoff.
“[The] WLF … has signed a landmark Letter of Intent with the PCC to accelerate blockchain innovation, stablecoin adoption and decentralised finance integration across Pakistan,” the press release reads.
It added that the delegation met the prime minister, chief of army staff, deputy prime minister, information and defence ministers to formalise cooperation, “marking a major step toward positioning Pakistan as a global leader in the digital finance revolution”.
The statement said the government has signalled plans to announce comprehensive crypto legalisation policies soon, to bolster “Pakistan’s position as one of the fastest-growing crypto markets in the world”.
The letter was signed during a meeting between the WLF and the PCC, which was attended by Finance Minister Muhammad Aurangzeb via video link. PCC CEO Bilal Bin Saqib, the chairman of the Securities and Exchange Commission of Pakistan (SECP) and the State Bank governor were also present.
Pakistan crypto council and World Liberty Financial sign landmark agreements
Attaullah Tarar said Pakistan's Crypto Council is a major step, with vast opportunities and rapid progress
#Binance #pakistanicrypto
In a significant development for the country's financial technology sector, the Pakistan Crypto Council (PCC) and World Liberty Financial (WLF) have officially signed a series of agreements aimed at promoting investment and innovation in the crypto industry.
The signing ceremony was attended by Federal Minister for Information Ata Tarar, CEO of Pakistan Crypto Council Bilal Bin Saeed, and Co-Chairman of World Liberty Financial Zack Vetkoff. Speaking to the media, the dignitaries highlighted the importance of the agreements and the growing potential of the crypto market in Pakistan.
Bilal Bin Saeed, CEO of the Pakistan Crypto Council, welcomed Zack Vetkoff to Pakistan, expressing optimism about the collaboration.
Meanwhile, Vetkoff praised Pakistan’s economic potential, stating, "Pakistan is one of the fastest-emerging economies. We are excited to be part of its journey towards a vibrant financial future."
The agreements are expected to facilitate greater cooperation between the two organizations, foster innovation in the crypto space, and encourage international investment in Pakistan’s digital economy.
Attaullah Tarar said Pakistan's Crypto Council is a major step, with vast opportunities and rapid progress
#Binance #pakistanicrypto
In a significant development for the country's financial technology sector, the Pakistan Crypto Council (PCC) and World Liberty Financial (WLF) have officially signed a series of agreements aimed at promoting investment and innovation in the crypto industry.
The signing ceremony was attended by Federal Minister for Information Ata Tarar, CEO of Pakistan Crypto Council Bilal Bin Saeed, and Co-Chairman of World Liberty Financial Zack Vetkoff. Speaking to the media, the dignitaries highlighted the importance of the agreements and the growing potential of the crypto market in Pakistan.
Bilal Bin Saeed, CEO of the Pakistan Crypto Council, welcomed Zack Vetkoff to Pakistan, expressing optimism about the collaboration.
Meanwhile, Vetkoff praised Pakistan’s economic potential, stating, "Pakistan is one of the fastest-emerging economies. We are excited to be part of its journey towards a vibrant financial future."
The agreements are expected to facilitate greater cooperation between the two organizations, foster innovation in the crypto space, and encourage international investment in Pakistan’s digital economy.
Trump’s White House Crypto Summit: Confirmed attendees so far
Trump’s first White House Crypto Summit confirms key industry leaders, fueling speculation over a potential US Bitcoin reserve policy announcement.
#TrumpCrypto #bitcoin
As US President Donald Trump prepares to host the first White House Crypto Summit on March 7, the industry is watching closely to see who will be invited.
The roundtable, scheduled from 6:30 pm to 10:30 pm UTC, is expected to include more than 25 participants, including members of the Presidential Working Group on Digital Assets, according to Fox Business reporter Eleanor Terrett.
As of Wednesday morning, Terrett reported that 11 crypto executives and two White House representatives had confirmed their attendance.
“Unclear as of now who aside from Bo Hines and David Sacks will be in attendance, but if you go back to Trump’s executive order, the presidential working group also includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Attorney General Pam Bondi, the SEC chair, the CFTC chair and others,” Terrett wrote.
Trump’s first White House Crypto Summit confirms key industry leaders, fueling speculation over a potential US Bitcoin reserve policy announcement.
#TrumpCrypto #bitcoin
As US President Donald Trump prepares to host the first White House Crypto Summit on March 7, the industry is watching closely to see who will be invited.
The roundtable, scheduled from 6:30 pm to 10:30 pm UTC, is expected to include more than 25 participants, including members of the Presidential Working Group on Digital Assets, according to Fox Business reporter Eleanor Terrett.
As of Wednesday morning, Terrett reported that 11 crypto executives and two White House representatives had confirmed their attendance.
“Unclear as of now who aside from Bo Hines and David Sacks will be in attendance, but if you go back to Trump’s executive order, the presidential working group also includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Attorney General Pam Bondi, the SEC chair, the CFTC chair and others,” Terrett wrote.
$TRUMP The TrumpCoin project WLFI to include SUI in strategic token reserves
BlockBeats News, March 6th, according to official sources, Sui Network announced a partnership with the Trump-backed cryptocurrency project WLFI.
WLFI will incorporate SUI into its strategic token reserve to support cutting-edge Web3 projects. WLFI and Sui have already begun exploring product development opportunities.
BlockBeats News, March 6th, according to official sources, Sui Network announced a partnership with the Trump-backed cryptocurrency project WLFI.
WLFI will incorporate SUI into its strategic token reserve to support cutting-edge Web3 projects. WLFI and Sui have already begun exploring product development opportunities.
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