Cabinet Approves Formation of Pakistan Virtual Assets Regulatory Authority

Cabinet Approves Formation of Pakistan Virtual Assets Regulatory Authority

Islamabad, Pakistan – July 8, 2025 — In a landmark move, the Federal Cabinet has formally approved the creation of the Pakistan Virtual Assets Regulatory Authority (PVARA), paving the way for a comprehensive legal and institutional framework to regulate the country’s rapidly expanding digital assets ecosystem. The newly proposed authority will operate as an independent […]

Pakistan Crypto Council Forms Technical Committee to Draft Crypto Laws and Regulations

Pakistan Crypto Council Forms Technical Committee to Draft Crypto Laws and Regulations

A high-level meeting of the Pakistan Crypto Council (PCC) was held at the Finance Division, chaired by the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The meeting focused on the draft regulatory framework for digital and virtual assets in Pakistan, aiming to align with international standards and evolving technological trends. Participants also discussed […]

Pakistan to Roll Out Unified Facial Recognition System by End of 2025

Pakistan to Roll Out Unified Facial Recognition System by End of 2025

Islamabad – May 31, 2025: The Ministry of Interior has directed all relevant departments to halt the separate storage of citizens’ biometric data and begin transitioning to a unified facial recognition system, with full nationwide deployment expected by December 31, 2025. The directive was issued during a high-level meeting chaired by Interior Minister Mohsin Naqvi […]

Binance Academy and Pakistan’s Ministry of IT and Telecom partner to advance nationwide blockchain education

Binance Academy and Pakistan’s Ministry of IT and Telecom partner to advance nationwide blockchain education

This partnership aims to provide blockchain education support to 300 educators and reach 80,000 students across 20 universities in Pakistan by 2026. Binance Academy, the open-access blockchain and crypto learning hub of Binance, and the Ministry of IT and Telecom (MoITT) in Pakistan today announced a partnership to advance blockchain education across the nation. This […]

Pakistan issues first blockchain-based HPC license to Higgs Computing

Pakistan issues first blockchain-based HPC license to Higgs Computing

Islamabad: Pakistan’s Special Technology Zones Authority (STZA) has issued the country’s first-ever license for Blockchain-Based High Performance Computing (HPC) to Higgs Computing Limited. The move is supported by the Special Investment Facilitation Council (SIFC) and marks a major leap toward positioning Pakistan as a regional tech hub. The initiative is also backed by the Ministry […]

Pakistan to Establish a Bitcoin Strategic Reserve, Allocate 2000MW of Energy for Crypto Mining

Pakistan to Establish a Bitcoin Strategic Reserve, Allocate 2000MW of Energy for Crypto Mining

Las Vegas, Nevada – May 28, 2025 — In a groundbreaking announcement at the Bitcoin 2025 conference in Las Vegas, Pakistan’s Minister of State for Blockchain and Crypto, Bilal Bin Saqib, unveiled an ambitious national strategy to establish a Strategic Bitcoin Reserve and allocate 2,000 megawatts of electricity for Bitcoin mining and AI data centers. […]

When Points Become Digital Assets: Gennius XYZ and Fuze Push Rewards Tokenization

When Points Become Digital Assets: Gennius XYZ and Fuze Push Rewards Tokenization

Dubai, UAE – Loyalty rewards have long sat idle on corporate ledgers — expiring quietly, trapped inside walled gardens. A new partnership between Fuze, a prominent digital asset infrastructure firm, and Gennius Global Hub, a rewards tokenization specialist, aims to liberate them, turning once-stagnant points into tradable liquid assets with universal acceptance. At the heart […]

PM Appoints Bilal Bin Saqib as Special Assistant on Blockchain and Crypto

PM Appoints Bilal Bin Saqib as Special Assistant on Blockchain and Crypto

Islamabad – September 2025: In a landmark decision reflecting Pakistan’s growing commitment to emerging technologies, Prime Minister has appointed Bilal Bin Saqib as the Special Assistant to the Prime Minister (SAPM) on Blockchain and Crypto, granting him the status of Minister of State. With this strategic appointment, Pakistan joins an exclusive group of nations—including the […]

Pakistan Unveils Surplus Power Package for Crypto Miners, Data Centers, Farmers

Pakistan Unveils Surplus Power Package for Crypto Miners, Data Centers, Farmers

Islamabad, May 23, 2025 — The Power Division is in the process of finalizing a comprehensive “Surplus Power Package” aimed at promoting the consumption of excess electricity by industrial and agricultural sectors, as well as emerging greenfield industries such as cryptocurrency mining operations and artificial intelligence (AI) data centers. The initiative was formally shared in […]

Pakistan Allocates 2,000 MW Electricity for Bitcoin Mining and AI Data Centers

Pakistan Allocates 2,000 MW Electricity for Bitcoin Mining and AI Data Centers

ISLAMABAD, May 26, 2025 — In a bold initiative aimed at transforming Pakistan into a global leader in digital innovation, the Government of Pakistan has announced the allocation of 2,000 megawatts (MW) of electricity in the first phase of a national strategy to power Bitcoin mining and Artificial Intelligence (AI) data centers. The initiative, spearheaded […]