Pakistanis have $20B in crypto assets, says head of local association
He called for the government to set up a Bitcoin policy, arguing that India already had some regulations in place. Go to Source Powered by WPeMatico
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Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more
Pakistani high court orders government to regulate crypto in three months
The SHC also asked for a report on deliberations surrounding crypto regulations within the same time period. Go to Source Powered by WPeMatico
From cypherpunk to state contracts: the changing face of blockchain
Three blockchain executives discuss their work with governments in fraught political contexts, and the questions it raises about blockchain’s claim to the libertarian banner. Go to Source Powered by WPeMatico
Crypto users demand reinstatement of Pakistani government adviser following sudden resignation
Zia Ullah Bangash’s potential departure from an important role in facilitating Pakistan’s regulatory environment for crypto had many threatening to withhold votes and demanding answers. Go to Source Powered by WPeMatico
Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor
State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.” Go to Source Powered by WPeMatico
Pakistani province to pilot crypto mining farms
The Pakistani province of Khyber Pakhtunkhwa will build two pilot cryptocurrency mining firms as part of a new state policy. Go to Source Powered by WPeMatico
Why Pakistan and the Middle East can bet on crypto mining
By embracing crypto mining activities in the region, Pakistan and Iran may give other nations in the Middle East an example to follow. Go to Source Powered by WPeMatico
Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its … Read more
A Pakistani Provincial Government Passes Crypto-Friendly Draft Resolution
In Pakistan, a provincial government has passed a draft resolution on December 2, 2020, that demands the federal government to take steps towards legalizing both cryptocurrencies and crypto-mining activities. A Crypto-Friendly Draft Resolution Approval Sets a Precedent in Pakistan The Provincial Assembly (MPA) of Khyber Pakhtunkhwa, one of the four provinces in the country, made … Read more
