Pakistan Taps Changpeng Zhao as Crypto Advisor Amid Rising Adoption Trends

Pakistan has selected Changpeng Zhao as its new cryptocurrency consultant, as announced on cointelegraph.com. Zhao, known for being the CEO of Binance, one of the most prominent cryptocurrency exchanges globally, will now advise Pakistan on matters related to digital assets. This move is significant for Pakistan as it shows a willingness to embrace the potential [...]

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Breaking News: Pakistan Introduces Compliance-Focused Crypto Regulation in New Proposal

Pakistan has put forth a new proposal for a crypto regulatory framework that focuses on compliance, according to a recent report. The proposal aims to address the growing concerns surrounding the cryptocurrency market in the country. This regulatory framework emphasizes the importance of adhering to regulations to ensure a safe and secure environment for investors [...]

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Crypto News You May Have Missed This Week | April 12, 2025

From CZs new role in Pakistans Crypto Council to the merging of two Immutables blockchain, heres a roundup of the top crypto stories you may have missed.

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Pakistan Plans Using Surplus Energy To Mine Bitcoin

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Pakistan Crypto Council suggests utilizing surplus energy for Bitcoin mining a sustainable approach to crypto production

Pakistan’s Crypto Council is suggesting a novel solution to address the issue of excess energy in the country by proposing the use of Bitcoin (BTC) mining. In a groundbreaking move, the council aims to capitalize on Pakistan’s abundant natural resources to power the cryptocurrency mining operations. By harnessing excess energy from various sources such as [...]

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IMF Urges Pakistan to Tax Crypto Capital Gains for $3B Bailout

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Pakistan Banks Develop Blockchain-based KYC Platform

The Pakistan Banks’ Association has signed a contract to develop Pakistan’s first blockchain-based national eKYC banking platform aimed at strengthening anti-money laundering capabilities while countering terror financing. The blockchain platform will also improve operational efficiencies, mainly focused on improving customer experience during onboarding. (Read More)

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Pakistan Banks’ Association (PBA) Announces Blockchain Use For KYC

The Pakistan Banks’ Association (PBA) and Avanza Group have inked a contract for the creation of a blockchain-based KYC platform.

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Pakistan Eyes Educating 1 Million Youths on Crypto and Web3

To expand the knowledge base of 1 million youths on blockchain-based technologies, crypto and web3, the Pakistan administration has partnered with Fasset and JazzCash through the Prime Minister’s Youth Program (PMYP). (Read More)

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Digital Asset Gateway Fasset Launches Peer-to-peer Trading Platform in Pakistan

Digital asset-based fintech startup Fasset Technologies has launched a peer-to-peer trading platform in Pakistan to drive financial inclusion in Pakistan. (Read More)

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With Accelerating China Issues, What Is Bitcoin’s Place In Macro?

Pakistan is facing a similar fate as Sri Lanka and the Taiwan situation is heating up. Geopolitics can give us a glimpse into bitcoin’s role in macroeconomics.

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To Ban Crypto or Not: Pakistan Forms Committees to Decide

Pakistan has created three committees to decide on crypto legality. The committees will review all areas of cryptocurrency and make ...

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Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit

A former reality TV host with millions of followers on YouTube became one of Pakistan's biggest crypto proponents, and hopes to help his country shine again.

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Pakistan Sees “No Good Use” of cryptocurrency

Reza Baqir, Governor of the State Bank of Pakistan (SBP), has reiterated his stance on bitcoin, arguing that it lacks a use case that may assist the banking regulator in achieving goals like financial inclusion and innovation. During a panel discussion at the 13th Karachi Literature Festival on Sunday, Mr. Baqir agreed that the underlying […]

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State Bank of Pakistan Governor: ‘Crypto Has No Good Use’

The Governor of State Bank of Pakistan stated an interesting opinion on cryptocurrencies. The statement implied a negative point of ...

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Pakistani Bank Alfalah Warns Customers Against Crypto

Pakistan-based Bank Alfalah urged its customers to stop using cryptocurrency. The action came soon after the country’s central bank submitted ...

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Indian PM Narendra Modi Urged Global Action on Crypto

Modi said it is impossible for just one government to make judgments. Indian PM spoke at Switzerland’s World Economic Forum

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Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17

Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week's top crypto policy stories is here.

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State Bank of Pakistan recommends a cryptocurrency ban

The State Bank of Pakistan is contemplating a complete ban on crypto assets. The institution notes that cryptocurrencies present certain risks, and is even referred [...]

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Binance Joins Hands With Pakistan for Busting $100M Scam

FIA of Pakistan confirms $100 million crypto scam. Binance announces complete cooperation with Pakistan FIA. Pakistan FIA determined to find

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