Pakistan reportedly announced plans to allocate excess power to Bitcoin mining and AI infrastructure, just days after appointing Binance founder Changpeng Zhao as strategic crypto advisor.
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.
The Pakistani government will now regulate local cryptocurrency firms under new legislation, reportedly based on recommendations from the international Financial Action Task Force.
