TechFlow news — On March 23, according to Cointelegraph, Bilal Bin Saqib, CEO of Pakistan's Cryptocurrency Council, proposed harnessing the country's run-of-river energy to power Bitcoin mining during the council's inaugural meeting held on March 21.
The council is exploring a comprehensive regulatory framework for cryptocurrencies to attract foreign direct investment and position Pakistan as a cryptocurrency hub, reported The National.
Attendees included legislators, the Governor of State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Minister for Information Technology.
Senator Muhammad Aurangzeb shared the following remarks about the meeting:
"This marks the beginning of a new digital chapter for our economy. We are committed to building a transparent, future-ready financial ecosystem that attracts investment, empowers youth, and positions Pakistan as a global leader in emerging technologies."
