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” Pakistan launches new laws to expedite CBDC launch by 2025 “ Regulators worldwide see central bank digital currencies (CBDCs) as a way to enhance fiat capabilities by inheriting the financial prowess of technologies that power cryptocurrencies. Pakistan joined this list by announcing new regulations to ensure the launch of an in-house CBDC by 2025….
“Ex-PM Imran Khan says march on Pakistani capital to resume Tuesday” LAHORE, Pakistan — Former Pakistani Prime Minister Imran Khan said Sunday that a protest march toward the capital, which was suspended after he was wounded by a gunshot in an apparent attempt on his life, will resume Tuesday. Sitting in a wheelchair, his right leg bandaged…
“My devastating, inspiring trip to provide flood relief in Pakistan” Following the worst floods in Pakistan history, Mashaal Saeed of Islamic Relief Canada shares what she witnessed Following a summer filled with the worst floods Pakistan has ever seen—which displaced more than 33 million people and killed at least 1,678—countless volunteers and aid workers visited…
” Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit “ When YouTube was banned in Pakistan, Reality TV star Waqar Zaka “had no other option” than to turn to Bitlanders — an artificial intelligence (AI) educational social platform — to monetize his content in Bitcoin (BTC). Cointelegraph interviewed Zaka for…
“# Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17 ” Last week saw an unlikely first move in the opening narrative battle around a prospective U.S. central bank digital currency: Congressperson Tom Emmer came forward with an initiative to legally restrict the Federal Reserve’s capacity to issue a retail CBDC and take on…
“# Pakistan’s president calls for more training in blockchain technology ” Arif Alvi, currently serving as the president of Pakistan, called for additional training in emerging technologies including blockchain, artificial intelligence, and cybersecurity while meeting with a delegation of blockchain technology experts. In a Monday announcement, Alvi said Pakistan’s talent pool should be ready to…
“# Pakistan’s central bank reportedly wants to ban crypto ” The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan. Pakistan’s Sindh High Court reportedly held a hearing related to the legal status of cryptocurrencies in the country, in which several Pakistani authorities including the SBP submitted a document…
“# Pakistan to investigate Binance for multi-million dollar crypto scam ” Pakistan’s Federal Investigation Agency (FIA) reportedly issued a formal notice to crypto exchange Binance in an effort to identify links around a multi-million crypto scam in the region. The government of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam…
“# Pakistanis have $20B in crypto assets, says head of local association ” Nasir Hayat Magoon, The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has stated that Pakistani citizens have a combined crypto assets value of $20 billion. During a news conference, the FPCCI president said that Pakistanis’ digital currency valuations…
“# Pakistani high court orders government to regulate crypto in three months ” The High Court of Sindh (SHC), the highest judicial body in Pakistan’s Sindh Province, has asked the government to come up with modalities for cryptocurrency regulation. According to Pakistani English daily The Express Tribune, the SHC gave the instruction while hearing a…