Bilal Bin Saqib of Pakistan met with Nayib Bukele in San Salvador to enhance crypto cooperation. Pakistan aims to allocate 2,000 megawatts for Bitcoin mining and establish a Bitcoin reserve. This initiative is part of a $7 billion IMF program that remains scrutinized.
The Pakistan Virtual Assets Regulatory Authority (PVARA) was launched in July 2025 to regulate the virtual asset sector. Despite warnings from the central bank, 15 to 20 million Pakistanis hold cryptocurrencies, showcasing significant trading activity.
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