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Pakistan has launched the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee its crypto sector. The move was announced on the 8th of July and signals Pakistan’s intention to join and become one of the key digital finance hubs in South Asia. PVARA will license and monitor Virtual Asset Service Providers (VASPS), ensuring compliance with … Read more
Microsoft is closing its operations in Pakistan, marking the end of a 25-year presence in the South Asian nation. The Redmond-based company on Friday told TechCrunch that it is changing its operational model in Pakistan and will now serve its customers through resellers and “other closely located Microsoft offices.” “Our customer agreements and service will … Read more
NEWYou can now listen to Fox News articles! President Donald Trump announced on Friday he and Secretary of State Marco Rubio had secured a “wonderful” treaty between Rwanda and Congo, as Pakistan formally nominated him for the 2026 Nobel Peace Prize. “I am very happy to report that I have arranged, along with Secretary of … Read more
US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Andrew Caballero-Reynolds | Afp | Getty Images Indian Prime Minister Narendra Modi used his first conversation with U.S. President Donald Trump since the early May … Read more
Strategy co-founder Michael Saylor has expressed willingness to advise Pakistan on its Bitcoin reserve strategy following a high-level meeting with the country’s finance leaders. According to local media, Saylor met with Finance Minister Muhammad Aurangzeb and State Minister on Blockchain and Crypto Bilal Bin Saqib in Islamabad on Sunday to discuss Pakistan’s emerging digital asset … Read more
Key Takeaways Bo Hines and Bilal Bin Saqib discussed strategic cooperation on Bitcoin and digital assets at the White House. Pakistan plans to establish a strategic Bitcoin reserve and allocate resources for Bitcoin mining and AI data centers. Share this article Bo Hines, President Trump’s top crypto advisor, hosted Bilal Bin Saqib, CEO of the … Read more
Islamabad plans to allocate Bitcoin mining and AI centers with 2,000 MW of surplus electricity as part of the country’s broader strategy to attract tech investment. Pakistan is preparing to allocate 2,000 megawatts of electricity to Bitcoin (BTC) mining and AI data centers as part of the first phase of a national digital infrastructure plan, … Read more
Pakistani lawmakers have endorsed the creation of a regulatory body to oversee the country’s blockchain-based financial infrastructure and digital asset ecosystem. Dubbed the Pakistan Digital Assets Authority (PDAA), the Ministry of Finance has approved its formation to supervise licensing, compliance, and innovation across the digital asset sector, according to a May 21 report from state-owned … Read more
Motorists drive past as clouds gather over city skyline in Mumbai on September 26, 2024. (Photo by Punit PARANJPE / AFP) (Photo by PUNIT PARANJPE/AFP via Getty Images) Punit Paranjpe | Afp | Getty Images India continues to focus on its growth despite the flare up in tensions with Pakistan, said Shilpak Ambule, the country’s … Read more
U.S. President Donald Trump on Saturday promised to increase trade with India and Pakistan after the two nations agreed to a ceasefire to end the conflict with each other. “While not even discussed, I am going to increase trade, substantially, with both of these great Nations,” Trump wrote on Truth Social. “Additionally, I will work … Read more
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