đ”đ° Pakistanâs Crypto Evolution: A Bold New Chapter
Crypto in Pakistan is no longer a grey area â itâs entering a new era of clarity and momentum.
đïž On May 30, 2025, the State Bank of Pakistan officially clarified:
âCryptocurrency is not banned â though formal regulations are still under development.
The 2018 restrictions applied only to banks and SBP-regulated institutions, not to the public at large.
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⥠Whatâs Already in Motion?
â National Bitcoin Reserve Announced
â At the Bitcoin 2025 Summit in Las Vegas, Pakistan declared its intention to create a national BTC reserve.
â A massive 2000MW of electricity has been allocated for Bitcoin mining and AI infrastructure â showing serious commitment.
â Green Signal to Crypto Platforms
â The Competition Commission of Pakistan (CCP) has officially approved Binance and several other major platforms â a key step for legitimacy and investor confidence.
â Pakistan Crypto Council (PCC) Formed
â A dedicated legal framework for crypto is currently being developed.
â The council is led by Bilal Bin Saqib (CEO), with CZ (Binance) onboard as an advisor â blending global expertise with local vision.
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đ What This Means for Pakistan
This isn't just policy talk â it's strategic action. Pakistan is now positioning itself to be a regional leader in digital assets, mining, and Web3 innovation.