Tag: Pakistan

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Pakistan Regulator Urges Global Crypto Firms To Seek Local License To Serve 40M Users

Pakistan’s new crypto regulator, the Pakistan Virtual Assets Regulatory Authority (PVARA), has asked regulated global crypto firms to apply for local licenses so they...

First Time in Global Diplomacy, Pakistan and El Salvador Forge an Official Relationship Rooted in Crypto

According to a Bloomberg Report, Pakistan and El Salvador countries have officially stepped into the bilateral relationship when cryptocurrency came in play.  The alliance was...

IMF Rejects Pakistan’s Proposal to Use National Energy Resources for Large Bitcoin Mining Operations, Here’s Why?

The International Monetary Fund (IMF) has officially turned down Pakistan’s proposal to offer subsidised electricity tariffs for large-scale Bitcoin mining operations.  The announcement was made...

Pakistan Moves To Legalize Crypto Through Central Bank Act Amendment

Pakistan has taken a groundbreaking step towards modernizing its financial system by proposing significant amendments to the State Bank of Pakistan (SBP) Act.  This landmark...