- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Pakistan and El Salvador Establish Cryptocurrency-Based Bilateral Relations

By: theblockbeats.news|2025/07/17 09:02:07

BlockBeats News, July 17th, according to Bloomberg, Pakistan and El Salvador are establishing a cryptocurrency-based knowledge sharing partnership. Bilaal B. Sabir, Special Assistant for Cryptocurrency and Blockchain of Pakistan, met with El Salvador's President Nayib Bukele in San Salvador to outline the cryptocurrency-focused partnership.

Pakistan is considering building a Bitcoin reserve and has allocated 2,000 megawatts of power for Bitcoin mining. The Pakistan federal government has also established the Pakistan Virtual Asset Regulatory Authority (PVARA) to regulate the country's digital asset industry. PVARA will serve as an independent regulatory body responsible for licensing, supervision, and management of virtual asset service providers while ensuring compliance with international standards, including following the guidelines of the Financial Action Task Force (FATF).

Hong Kong-listed company Yili Holdings announced the issuance of convertible bonds worth HK$19.95 million to develop Web3 business

GoPlus Iteration Achieved, Building On-Chain Security Infrastructure, with over 30 million Daily API Calls