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Pakistan to Establish Government-Led Bitcoin Reserve

  • Pakistan is moving closer to embracing digital currencies with plans to create a state-backed Bitcoin reserve.
  • The country has allocated 2,000 MW of surplus electricity for Bitcoin mining and AI data centers.
  • Pakistan is forming the Pakistan Digital Assets Authority to regulate the crypto sector, prioritizing investors and industry advancements.
  • With 40 million crypto wallets in use, Pakistan is positioning itself as a significant player in the crypto market and aiming to become a leading tech market.

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