Oh, you didn’t think we’d get through a day without hearing Trump’s name somewhere, did you? Well, brace yourselves—World Liberty Financial, the crypto-loving company backed by Trump and his ever-expanding empire, just struck a deal with the Pakistan Crypto Council. This isn’t just any random partnership; it’s a full-throttle effort to take Pakistan’s crypto game to the next level in a country that’s becoming one of the fastest-growing markets in the digital currency world. 🎉
Here’s the breakdown: World Liberty is set to help Pakistan launch “regulatory sandboxes.” Translation: it’s where they’ll test out blockchain-based products without everyone losing their minds. They’re also going to make remittances easier with stablecoins, which is like using crypto to send money back home—cool, right? And that’s not all! They’ll dabble in tokenizing real-world assets (fancy talk for turning stuff into crypto), and help grow decentralized finance protocols. 🤑
At a recent meeting, the World Liberty founders, Zach Witkoff, Zak Folkman, and Chase Herro (cue the applause), sat down with the Pakistan Crypto Council CEO, Bilal bin Saqib, along with the nation’s central bank governor, finance minister, and IT secretary. I mean, why not bring everyone to the table, right? Big crypto business happening here!
By the way, if you’re wondering, yes, Trump and his family are getting a nice little cut of World Liberty’s profits. Because of course they are. When they launched the platform last year, Trump couldn’t resist getting in on that sweet, sweet crypto action. 💰
Oh, and let’s not forget about the Pakistan Crypto Council itself. This government-backed body is all about regulating crypto while simultaneously attracting foreign investments. Talk about having your cake and eating it too. 🍰
Now, according to blockchain analytics firm Chainalysis, Pakistan ranked ninth for crypto adoption last year. Can you believe it? With an estimated 25 million active crypto users and a whopping $300 billion in annual crypto transactions, it’s safe to say Pakistan is dipping its toes in the crypto pond… with some serious splash. 🏊♀️
Pakistan’s Finance Minister, Muhammad Aurangzeb, is making sure everyone knows that their country’s young population (around 60% of the country is under 30) is ready to ride the crypto wave. He said it best:
“Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are opening new doors for investment, innovation, and global leadership in the blockchain economy.”
Will Pakistan Keep It Cool with Crypto? Time Will Tell! 🤔
Recently, the three World Liberty founders had a sit-down with former Binance CEO Changpeng Zhao (the man who basically knows all the things about crypto), now an adviser to the Pakistan Crypto Council. His job? To help guide Pakistan’s crypto regulation and innovation. Sounds like a fun gig, right?
But wait, there’s more—on April 10, Pakistan’s Federal Investigation Agency proposed a crypto regulatory framework that tackles serious issues like terrorism financing, money laundering, and the infamous Know Your Customer rules. You know, just the little stuff. The goal? Striking a balance between tech advances and keeping national security intact. How’s that for playing it safe? ⚖️
This proposed framework is still in the works, so it’s not set in stone. It’ll need legislative approval, plus feedback from the crypto firms already in the country. But don’t expect this to roll out until 2026. No rush, right? ⏳
It’s crazy to think that just last year, Pakistan’s former finance minister, Aisha Ghaus Pasha, swore up and down that the country would never legalize cryptocurrencies. Guess that ship has sailed. 🛳️
Read More
- Forza Horizon 5 Update Available Now, Includes Several PS5-Specific Fixes
- Gold Rate Forecast
- ‘The budget card to beat right now’ — Radeon RX 9060 XT reviews are in, and it looks like a win for AMD
- Masters Toronto 2025: Everything You Need to Know
- We Loved Both of These Classic Sci-Fi Films (But They’re Pretty Much the Same Movie)
- Valorant Champions 2025: Paris Set to Host Esports’ Premier Event Across Two Iconic Venues
- Karate Kid: Legends Hits Important Global Box Office Milestone, Showing Promise Despite 59% RT Score
- Eddie Murphy Reveals the Role That Defines His Hollywood Career
- Discover the New Psion Subclasses in D&D’s Latest Unearthed Arcana!
- Street Fighter 6 Game-Key Card on Switch 2 is Considered to be a Digital Copy by Capcom
2025-04-28 09:00