Recently, there has been a significant development—an executive from a leading cryptocurrency exchange visited Pakistan and finalized an in-depth cooperation framework with local authorities. This news is worth paying attention to because Pakistan's digital asset market size is indeed not to be underestimated.
Here's the data: Pakistan's annual cryptocurrency trading volume exceeds $300 billion, ranking among the top in the global market. In recent years, the local government has actively promoted the legalization of cryptocurrencies and plans to invest over 2000 MW of electrical capacity into the mining industry. In this cooperation, a major exchange has become the officially designated core compliance partner, which is a very important positioning.
What does this mean for related ecosystem tokens? From a broader perspective, it represents an upgrade from purely commercial activities to official strategic cooperation. Once the partnership is officially implemented, it can not only gain government recognition and licensing support but also tap into the $31 billion cross-border remittance market annually—this market is evidently very attractive. South Asia has a large young user base, and once local compliant channels are opened, user growth potential is almost predictable.
In simple terms, this is a convergence of compliance benefits, market benefits, and ecosystem benefits. As the crypto industry develops to this point, whether projects can obtain official recognition and truly localize operations often determines their ceiling. From this perspective, this move indeed blocks a strategic key position.
What do you think about this cooperation? Will there be market reactions in the short term? Feel free to share your views below.
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Recently, there has been a significant development—an executive from a leading cryptocurrency exchange visited Pakistan and finalized an in-depth cooperation framework with local authorities. This news is worth paying attention to because Pakistan's digital asset market size is indeed not to be underestimated.
Here's the data: Pakistan's annual cryptocurrency trading volume exceeds $300 billion, ranking among the top in the global market. In recent years, the local government has actively promoted the legalization of cryptocurrencies and plans to invest over 2000 MW of electrical capacity into the mining industry. In this cooperation, a major exchange has become the officially designated core compliance partner, which is a very important positioning.
What does this mean for related ecosystem tokens? From a broader perspective, it represents an upgrade from purely commercial activities to official strategic cooperation. Once the partnership is officially implemented, it can not only gain government recognition and licensing support but also tap into the $31 billion cross-border remittance market annually—this market is evidently very attractive. South Asia has a large young user base, and once local compliant channels are opened, user growth potential is almost predictable.
In simple terms, this is a convergence of compliance benefits, market benefits, and ecosystem benefits. As the crypto industry develops to this point, whether projects can obtain official recognition and truly localize operations often determines their ceiling. From this perspective, this move indeed blocks a strategic key position.
What do you think about this cooperation? Will there be market reactions in the short term? Feel free to share your views below.