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Pakistan Explores Strategic Investments in Bitcoin Mining and Asset Tokenization

Gravatar Avatar Web Desk | 4 weeks ago
Bitcoin

A high-level meeting chaired by Prime Minister Shehbaz Sharif in Islamabad on Thursday discussed the strategic potential of Bitcoin mining and the tokenisation of real-world assets to drive economic growth in Pakistan.

The meeting was attended by key government officials, including Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, IT Minister Shaza Fatima Khawaja, State Bank Governor Jamil Ahmad, and Pakistan Crypto Council CEO Bilal Bin Saqib. Also participating were global blockchain industry leaders such as Marco Streng and Dr Marco Krohn, co-founders of Genesis Group, a leading Bitcoin mining firm, and Vincent Kadar, CEO of Polymath Canada, a pioneer in asset tokenisation.

During the discussions, the focus was placed on the establishment of a robust Bitcoin mining infrastructure valued at $3.5 billion. This project aims to position Pakistan as a key player in the global cryptocurrency industry by tapping into the growing demand for Bitcoin mining operations.

In addition, the meeting explored plans to initiate asset tokenisation projects that would modernise Pakistan’s financial ecosystem. The tokenisation of real-world assets is seen as a way to enhance economic resilience, attract foreign direct investment, and provide a more inclusive financial landscape for businesses and individuals in Pakistan.

The government’s efforts to explore innovative blockchain technologies are in line with its broader goal of diversifying the economy, boosting digital innovation, and securing a competitive position in the rapidly evolving global financial ecosystem.

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