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Pakistan to Launch First Stablecoin, Says Official
Pakistan aims to use its stablecoin to collateralize government debt and support over 40 million crypto users, advancing digital finance innovation, officials said.
Summary by The Express Tribune
7 Articles
7 Articles
Pakistan Set to Launch Its First Sovereign Stablecoin - PVARA Chairman Confirms
Copyright protected content copied from PhoneWorld website. Pakistan is preparing to enter a new era of digital finance. Bilal Bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), has confirmed that Pakistan will “definitely launch” a sovereign stablecoin. He made this announcement during Binance Blockchain Week in Dubai. This move marks an important step toward integrating digital assets into the economy. A stablecoi…
Pakistan will definitely launch a stablecoin and the country is also working on a central bank digital currency. Bilal Bin Saqib
Coverage Details
Total News Sources7
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
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