A strategic Bitcoin reserve is a step in the right direction for Pakistan, but only mass adoption will truly unlock the immense potential Bitcoin can offer.
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.
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