Why Pakistan and the Middle East can bet on crypto mining
By embracing crypto mining activities in the region, Pakistan and Iran may give other nations in the Middle East an example to follow. It is especially important for countries to become more aware of cryptocurrencies, especially with components like decentralized finance rising in prominence. Now that the Middle East is becoming more mining-friendly, the future suddenly looks bright once again for this region.Pakistani administration legalizes crypto mining The Pakistani government appears to be moving quickly toward a pro-crypto stance. Following a commitment to integrate Bitcoin (BTC)....
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With growing adoption and state-sponsored mining in Pakistan, what does the country’s Bitcoin present and future look like? The post Tracing The Growth Of Bitcoin In Pakistan appeared first on Bitcoin Magazine.
The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation by the central bank, the State Bank of Pakistan (SBP). Meanwhile, the country’s science minister said that the government intends to “regularize” crypto in the country.
Pakistan’s FIA Taking Action Against Crypto Websites, Backing Central Bank’s Crypto Ban Recommendation
Pakistan’s Federal Investigation Agency (FIA) has written to the....
International tech consultants Booz Allen Hamilton (BAH) have authored a report stating blockchain is “integral to supporting and realizing a digital economy in the Middle East.” Mid East Undergoing ‘Rapid Change’. The report, released today titled “Blockchain Technology – Can the Digital Economy Thrive Without It?” focuses on the benefits that....
A government minister overseeing new cryptocurrency policy in Pakistan said that a local province will build two hydroelectric mining farms.