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Pakistan Officially Partners with El Salvador in Bitcoin Sphere

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by Giorgi Kostiuk

2 days ago


Pakistan continues to make bold moves in Bitcoin and cryptocurrencies by signing a new agreement with El Salvador. This collaboration aims to advance Bitcoin adoption and financial technology in the country.

Collaboration Agreement

Pakistan has signed a Memorandum of Understanding with El Salvador to collaborate on Bitcoin adoption, inclusive finance, and policy development. This agreement emphasizes Pakistan's desire to become a leader in the global digital asset economy.

Meeting with El Salvador President

Bilal bin Saqib, Chairman of the Pakistan Cryptocurrency Council, met with El Salvador President Nayib Bukele to discuss the country's Bitcoin strategy. Saqib described Bukele as 'one of the most extraordinary visionary leaders of the time'.

Future Prospects and Ambitions

Saqib noted that Bukele is a leader who not only talks about technologies but challenges them in various fields, including artificial intelligence and Bitcoin. This collaboration is expected to strengthen Pakistan's position in the global digital asset ecosystem.

The signing of the agreement with El Salvador highlights Pakistan's growing interest in Bitcoin and digital assets, as well as the country's commitment to developing its financial technologies.

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