President Nayib Bukele of El Salvador hosted Pakistan's Minister of Crypto, Bilal Bin Saqib, to enhance Bitcoin collaboration. They discussed Bitcoin mining and energy resources, strategic reserves, and advancing Bitcoin education. El Salvador, the first country to declare Bitcoin legal tender in 2021, holds over 6,240 BTC and conducts geothermal mining. Pakistan aims to legalize Bitcoin and establish a regulatory framework to attract investment. The two nations are focused on utilizing Bitcoin for economic growth and youth education.
El Salvador made history in 2021 by becoming the first nation to declare Bitcoin legal tender, launching a state-run 'Bitcoin piggy bank' holding over 6,240 BTC.
Pakistan announced plans to legalize Bitcoin and crypto and establish a regulatory framework, aiming to attract international investment as a low-cost, high-growth market.
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