Pakistan And Kyrgyzstan Double Down On Blockchain

Pakistan and Kyrgyzstan took another step towards Relationships are closer to encryption And Blockchain. According to reports, the two countries held a high -level virtual meeting this month.

Bilal bin Sakib, Minister of State for Pakistan for encryption and Blockchain, spoke with Farkhat Aminov, Director of the National Investment Agency in Kyrgyzstan. They agreed to share knowledge about digital financing, and build common rules for virtual assets, and Pay Blockchain projects together.

Deepening encryption relationships

Reports revealed that Pakistan wanted an official deal. The country has proposed a memorandum of understanding for cooperation in the encryption sector.

Pakistan formed Pakistan Cross Council After the appointment of Bin Sakb as a special advisor to the Minister of Finance, Mohamed Oranquit. Bin Sakib is now working as the CEO of the Council, while Uranzib works as its chairman.

Last month, US President Donald Trump signed the Pakistani virtual asset decree, 2025. This law creates an independent regulator of encrypted currencies and virtual assets.

Bitcoin pioneer Michael Celor praised Pakistan’s steps. It is called a sign that the country knows how to deal with this new market.

Reports also highlighted joint action plans on Blockchain research. Both sides want to run training sessions, share studies, and test new financing tools.

They talked about organizational review lists and digital portfolios and how to protect investors. They agreed to meet again soon to settle the details and formulate the memorandum of understanding.

Promote commercial links

Bilateral trade is already on the agenda. According to the Ministry of Pakistan Press Information, officials aim to increase the annual trade volume to $ 100 million.

At the fifth session of the International Governmental Committee for Trade, both sides signed many economic and technical cooperation protocols. They want more exports, new imports, and joint business councils. They will hold commercial exhibitions, B2B meetings, and business forums to stimulate deals.

Reports say that the two governments are planning to improve regional roads. They will work on postal services, air links, railways and goods. Both sides see the best transfer as a key to connecting non -coastal Kyrgyzstan to Pakistan Ports.

Based on reports, the next step is the official memorandum of understanding Encryption cooperation. Once signed, both governments will be connected to a joint rules book. They hope to attract a clear law for global investors and protect local users.

The virtual asset decree, 2025, will direct this process. It explains the rules of licensing, audit needs, and fraud penalties.

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