Overview

• Pakistan upgraded its Crypto Council into the Pakistan Digital Asset Authority (PDAA), appointing Bilal Bin Saqib to lead regulatory development and attract foreign investment.
• The government pledged 2,000 MW of surplus power to Bitcoin and AI mining despite persistent blackouts in residential areas.
• World Liberty Financial Inc, majority-owned by the Trump family, signed a memorandum of understanding to support blockchain tool development, asset tokenisation, and stablecoin guidance for Pakistan.
• Army Chief General Asim Munir has held meetings with cryptocurrency executives, signaling direct military involvement in shaping the country’s digital asset policies.
• Advisers such as Binance founder Changpeng Zhao have joined Pakistan’s crypto initiative, but analysts warn the effort lacks a public roadmap and may bypass IMF and FATF oversight.