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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Pakistan Plans to Ban Cryptocurrency

The federal government and the state bank of Pakistan have decided on outlawing crypto-assets.

Continue reading Pakistan Plans to Ban Cryptocurrency at DailyCoin.com.

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