Binance and Bitcoin have been making waves in Pakistan! Here are some exciting updates:
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- Pakistan's Strategic $BTC Reserve: The country has launched its first government-led Strategic Bitcoin Reserve, allocating 2,000 megawatts of surplus energy for Bitcoin mining and AI data centers. This move aims to position Pakistan as a hub for digital innovation ¹ ². - Binance's Involvement: Changpeng Zh ao, Binance's co-founder, has been appointed as a strategic advisor to Pakistan's Crypto Council, guiding the country's crypto regulations and adoption ³ ⁴. - Stablecoin Launch: Pakistan is set to launch its first stablecoin, with plans to develop Central Bank Digital Currencies (CBDCs). This move is expected to drive economic growth and increase financial inclusion ⁵ ⁶. - Crypto Adoption: Pakistan ranks third globally in crypto adoption, with over 20 million active users. The country is working to create a regulatory framework, balancing innovation with consumer protection ⁷ ⁸. #BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock #WriteToEarnUpgrade