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Category PKR

Pakistan’s subsidized Bitcoin mining power plan bumps into IMF redtape

Pakistan’s subsidized Bitcoin mining power plan bumps into IMF redtape

The IMF denied Pakistan's plan to offer discounted electricity rates for cryptocurrency mining.
SaturnX nets $3M for building stablecoin infrastructure

SaturnX nets $3M for building stablecoin infrastructure

SaturnX, the infrastructure provider for stablecoin-based cross-border payments with headquarters in Dubai, UAE, has closed a $3 million seed round.
Michael Saylor open to advising Pakistan on Bitcoin strategy

Michael Saylor open to advising Pakistan on Bitcoin strategy

Pakistan secured support from Strategy’s Saylor to laud its crypto efforts after a meeting with the country’s Ministry of Finance.
Pakistan's crypto minister ends US tour with blockchain regulation meetings with officials

Pakistan's crypto minister ends US tour with blockchain regulation meetings with officials

Pakistan’s minister of state for crypto and blockchain, Bilal Bin Saqib, met with officials from the United States of America to discuss rules conc...
IMF presses Pakistan for clarifications over bold Bitcoin pivot

IMF presses Pakistan for clarifications over bold Bitcoin pivot

The International Monetary Fund (IMF) has criticized Pakistan’s decision to allocate 2,000 megawatts (MW) of electricity for cryptocurrency mining ...