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Pakistan set to launch sovereign stablecoin, crypto czar says

Pakistan set to launch sovereign stablecoin, crypto czar says

Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin Saqib announced that Pakistan is set to launch its first “stablecoin” as part of its drive to make virtual assets a part of the economy. The PVARA is an autonomous federal body governed by a multi-stakeholder board including the governor of the State Bank [...]

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