Tag: pakistan

Aug 30 2022

As Pakistan, Taiwan And China Reach The Brink, The World Needs Bitcoin

Aug 30 2022 Published at Bitcoin Magazine under tags  china fed watch markets pakistan podcast

Macroeconomic crises developing in Pakistan, Taiwan and China underscore the flaws in macroeconomics and the need for Bitcoin.“Fed Watch” is a macroeconomic podcast, true to bitcoin’s rebel nature. In each episode, we question mainstream and Bitcoin narratives by examining current events in macroeconomics from across the globe, with an emphasis on central banks and currencies.In this...

Aug 13 2022

With Accelerating China Issues, What Is Bitcoin’s Place In Macro?

Pakistan is facing a similar fate as Sri Lanka and the Taiwan situation is heating up. Geopolitics can give us a glimpse into bitcoin’s role in macroeconomics.Watch This Episode On YouTube Or...

May 05 2022

Crypto Legalisation Still Unsure In Pakistan?

May 05 2022 Published at Bitcoinist.com under tags  crypto crypto news pakistan regulation

Pakistan Government has formed committees which will help them decide the future of the cryptocurrency business. These three sub-committees that have been set up will help the government of Pakistan to decide whether the digital asset should be banned or not. The committees are responsible to assess the various aspects of the industry to make a sound decision about the legislation of the...

Apr 27 2022

Who And Why Received The 5 BTC In Grants From The Human Rights Foundation?

For the second quarter of 2012, the Human Rights Foundation’s Bitcoin Development Fund distributed 500 million satoshis in grants. The receiving projects came from “Cuba, Turkey, Pakistan, Ghana, Venezuela, Burma, and beyond,” according to Chief Strategy Officer Alex Gladstein. In this round, the Human Rights Foundation focused on “Bitcoin software development, community building, censorship monitoring, translation and design.”...

Jan 27 2022

Nigerians Accuse Binance Of Blocking Users Accounts For No Reason

Jan 27 2022 Published at Bitcoinist.com under tags  binance crypto news nigerians p2p pakistan

According to social media reports, Binance, the world's largest cryptocurrency exchange, is restricting the accounts of African users, mainly Nigerians and those who use its peer-to-peer (P2P) exchange. Many Nigerians have gone to Twitter to complain that their accounts were blocked by the exchange without explanation. #BinanceStopScamming Trends Many Binance users, particularly Nigerians and other Africans, claimed...

Jan 21 2022

Pakistan Government To Ban Cryptocurrency Trading

Pakistan’s FIA (Federal Investigation Agency) has announced that they plan on obtaining a court order from the PTA to block cryptocurrency trading websites. The government is stated to be doing so as part of their efforts against fraud and money laundering. The Director-General of the FIA, Dr. Sanaullah Abbasi, met with State Bank Pakistan's Cyber Crime Circle Office to discuss current digital security...

Oct 05 2021

Sep 22 2021

The Case For Bitcoin In Pakistan

The decentralized, economically empowering technology could bring major benefits to the country.Executive SummaryThis paper is an attempt to highlight Bitcoin’s ever-increasing importance to Pakistan’s socioeconomic future. For purposes of our discussion, Bitcoin refers to the decentralized digital asset with a market capitalization of approximately $900 billion and growing as well as its...

Mar 18 2021

Pakistan To Build Two Mining Farms As Government Looks To Participate In Bull Run Directly

Mar 18 2021 Published at Bitcoin Magazine under tags  culture mining pakistan

A government minister overseeing new cryptocurrency policy in Pakistan said that a local province will build two hydroelectric mining farms.According to a report from Reuters, Pakistan’s Khyber Pakhtunkhwa province is planning to build two hydroelectric-powered pilot cryptocurrency mining farms....

Jan 19 2021

Tracing The Growth Of Bitcoin In Pakistan

Jan 19 2021 Published at Bitcoin Magazine under tags  adoption mining pakistan regulation

Bitcoin is currently banned by the State Bank of Pakistan and it’s illegal for businesses, banks and other entities to trade bitcoin in the jurisdiction of Islamic Republic of Pakistan. But Pakistan is the world’s fourth-largest country by population, and about 50 percent of the population is between the ages of 15 and 40, and only about 4 percent is over the age...

Nov 16 2020

Pakistan Exploring Crypto Regulations? SECP Publishes Exploratory Report

The Securities and Exchange Commission of Pakistan published a document studying digital asset regulatory structures.

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