Pakistan gives crypto platforms a September 5 deadline to comply or leave
Covered nonfilers must cease affected services, but the rules do not prescribe a universal customer exit sequence.
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Everyone is watching America’s crypto boom but Israel and Pakistan may be showing what comes next
This month, Israel and Pakistan supplied a quieter test for crypto than the one playing out in US capital markets. What if the more important 2026 shift is happening where digital assets meet local money and bank accounts? Israeli crypto firm Bits of Gold said Israel's Capital Market Authority approved the issuance and distribution of …
El Salvador, Pakistan inaugurate diplomatic relations to collaborate on digital assets
Pakistan and El Salvador have formalized diplomatic relations for the first time, anchoring the partnership on crypto collaboration and digital asset development, according to a July 16 announcement. The presser followed a meeting in San Salvador between Bilal Bin Saqib, special assistant to Pakistan’s prime minister on crypto and blockchain, and El Salvador’s President Nayib …
Pakistan building Bitcoin ‘super team’ with Michael Saylor joining CZ on crypto council
Michael Saylor, the billionaire Bitcoin advocate and executive chairman of Strategy, is backing Pakistan’s state-led Bitcoin pivot, according to new footage and media reports emerging from Islamabad. A call with top officials marks the latest escalation in Pakistan’s plan to formalize a Strategic Bitcoin Reserve (SBR). The video footage, posted on X by Finance Ministry …
IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining
The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the country’s electricity shortages and fiscal problems, according to a local news report. The IMF delegation is expected to hold a separate virtual session with Pakistan’s Finance Ministry to specifically discuss the electricity allocation. Last week, …
Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers
Pakistan will allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data centers. According to a Bloomberg report, the Pakistan Crypto Council (PCC) overseeing the project confirmed that three underutilized coal-powered plants, currently operating at just 15% capacity, will be repurposed to support this initiative. This development is part of the government’s …
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