Pakistan is Embracing the Future of Crypto šµš°
With 22 million active crypto traders, Pakistan is rapidly positioning itself as a key player in the digital asset industry.
To bring structure and regulation to the sector, Pakistan is establishing a National Cryptocurrency Committee. This decision follows high-level discussions with a digital asset advisor from former U.S. President Donald Trumpās team.
The committeeācomprising government officials, financial regulators, and industry expertsāwill work on policy development, compliance measures, and global alignment, as confirmed by Pakistanās Ministry of Finance.
Additionally, crypto taxation is on the horizon, marking a significant step toward a regulated digital economy. The landscape is evolvingāstay informed and stay ahead!
This week has been a rollercoaster in the crypto market! Bitcoin surged toward $100,000 following the Bybit hack but quickly retraced. However, BTC bounced back with a $7,000 recovery from its $78,000 low and is now hovering near $85,000.
Altcoins are rallying too! Ethereum climbed 5% above $2,200, while BNB jumped 4%, nearing $600. Ripple defended the $2 mark and surged to $2.17 with an 8% gain. SOL, DOGE, ADA, and others are also in the green! š
Whatās your take on the market? Letās discuss in the comments! š¬
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