Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Pakistan’s crypto minister’s historic meeting with El Salvador’s president initiates “Biplomacy,” focusing on Bitcoin cooperation. The signed LOI opens avenues for collaboration on digital asset policies, education, and financial inclusion, aligning with Pakistan’s expanding digital asset regulation and innovation efforts.
Pakistan forms the Pakistan Digital Assets Authority (PDAA) to regulate crypto exchanges, wallets, DeFi, and token platforms, supporting innovation and investor protection. The move aligns with global standards and aims to formalize a $25 billion informal market while promoting tokenization and digital finance growth.