India Crypto Policy:
A Trump-linked US firm, World Liberty Financial Inc (WLFI), has signed an MoU with Pakistan’s Crypto Council to develop a crypto-based financial system, prompting geopolitical and security concerns for India.
India Crypto Policy:
- Pakistan’s Crypto Pact with WLFI:
- MoU Signed: Pakistan’s newly-formed Crypto Council and WLFI have agreed to introduce stablecoins, monetize rare earth assets, and position Pakistan as a regional crypto hub.
- High-Level Support: Endorsed by PM Shehbaz Sharif and Army Chief Asim Munir, the deal includes use of blockchain for financial inclusion and trade.
- Diaspora Link: Pakistan is leveraging its US-based diaspora to connect with Trump’s team and global crypto investors.