According to a report from Cointelegraph on June 16, Strategy( former MicroStrategy) Executive Chairman Michael Saylor met with Pakistan's Finance Minister Muhammad Aurangzeb and Blockchain Minister Bilal Bin Saqib to discuss how Bitcoin operates as a national reserve asset. Saylor expressed his willingness to serve as an advisor for Pakistan's crypto assets program.
Pakistan has recently shifted to support Crypto Assets, establishing a regulatory body for Crypto Assets last month and planning to build a Bitcoin reserve. Minister Saqib stated that Pakistan should follow Saylor's example of transforming Strategy into a Bitcoin purchasing tool.
The Pakistan Crypto Committee submitted a draft legal framework on June 6, and the Ministry of Finance agreed to expedite the approval process. The Pakistani government hopes to lead the developing countries in the global south in the development and adoption of digital assets.
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Michael Saylor will serve as an advisor to help Pakistan establish a Bitcoin reserve program.
According to a report from Cointelegraph on June 16, Strategy( former MicroStrategy) Executive Chairman Michael Saylor met with Pakistan's Finance Minister Muhammad Aurangzeb and Blockchain Minister Bilal Bin Saqib to discuss how Bitcoin operates as a national reserve asset. Saylor expressed his willingness to serve as an advisor for Pakistan's crypto assets program.
Pakistan has recently shifted to support Crypto Assets, establishing a regulatory body for Crypto Assets last month and planning to build a Bitcoin reserve. Minister Saqib stated that Pakistan should follow Saylor's example of transforming Strategy into a Bitcoin purchasing tool.
The Pakistan Crypto Committee submitted a draft legal framework on June 6, and the Ministry of Finance agreed to expedite the approval process. The Pakistani government hopes to lead the developing countries in the global south in the development and adoption of digital assets.