This week in tech: Asia shows the blockchain world how it’s done
From Thailand’s e-visa to India’s Tata consultants, America’s AMD to China’s TikTok, blockchain is ending the year on a high as more global giants adopt.
The Latest Pakistan News
Pakistan president urges investment in emerging tech like blockchain
The Pakistan President believes that emerging tech like blockchain and AI will shape the future and urged the country to invest or risk falling behind.
Pakistan eyes blockchain for digitalization of government processes
A meeting chaired by Pakistan Prime Minister Imran Khan discussed ways in which technologies such as blockchain could be used to ensure efficiency of government processes.
Pakistani central bank plans to issue digital currency by 2025
The South Asian country intends to issue a state-backed digital currency by the year 2025 to bring more inclusion and reduce inefficiencies in their monetary system.
Pakistan to close down nine cryptocurrency dealers
The SECP initiated actions against nine companies for fraudulently dealing in cryptocurrencies.
7 linked to crypto ransom racket busted in Pakistan
A gang was busted in Pakistan that was demanding Bitcoin Core (BTC) for ransom, according to reports.
Is Pakistan about to formally legalize cryptocurrency?
On Monday, Pakistani finance minister Asad Umar denied a report that the country was about to legalize the trade of Bitcoin Core (BTC) across the country.
Blockchain-based remittance service launched between Pakistan and Malaysia
Telenor, a global telecommunication giant, announced through its Pakistani subsidiary the launch of a blockchain powered cross border remittance service to Malaysia.
Traders find ways around Pakistan ban to buy, sell cryptos: reports
Although the State Bank of Pakistan has banned commercial banks, financial firms and traders from operating in cryptocurrencies, some are finding ways and means of circumventing this ban.
‘Worried’ State Bank of Pakistan warns against shady crypto dealings
The bank cautioned its customers against dealing with cryptocurrencies, particularly shady initial coin offerings (ICOs).