Pakistan has officially legalized cryptocurrencies and will introduce a framework soon. US officials and Pakistan Finance Minister Muhammad Aurangzeb engaged in conversations. The authorities are also contemplating the approval of a Bitcoin Strategic Reserve. Pakistan has officially flipped the switch on digital assets, marking a major turning point in the nation’s approach to blockchain-based tokens. After years of regulatory uncertainty and a hesitant stance, the government is now establishing a clear legal framework for cryptocurrencies. For crypto market players, this move is expected to ignite a vibrant ecosystem for investors, traders, and businesses. The hope is that it will also attract foreign investment, giving a boost to Pakistan’s economy. In fact, authorities are aiming high, wanting Pakistan to become the “ crypto capital of South Asia .” Pakistan’s South Asia Ambitions The decision to legalize cryptocurrency comes after high-level discussions between Pakistan’s Finance Minister Muhammad Aurangzeb and United States officials regarding the potential benefits of a Bitcoin Strategic Reserve and the creation of a crypto council. The… The post Pakistan Legalizes Crypto: Eyes Regional Hub Status After US Discussions appeared first on Coin Edition .
