A young and tech-savvy population, combating inflationary pressures, is driving Bitcoin adoption and a new financial system in Pakistan.

According to Cointelegraph, Pakistan's Minister of State for Cryptocurrency and Blockchain, Bilal Bin Saqib, said in an interview that Pakistan's demographic structure is a major catalyst for the popularity of Bitcoin, enabling it to "leapfrog" developed countries. [Foresight News]

Pakistan Crypto Minister: Demographics Will Drive a "Leapfrog" Increase in Bitcoin Adoption in Pakistan

On July 27, Cointelegraph reported that Bilal Bin Saqib, Pakistan's Minister for National Cryptocurrency and Blockchain, said that the country's demographics will drive a "leapfrog" in Bitcoin adoption levels, surpassing developed countries in this regard. Bilal Bin Saqib pointed out that Pakistan has 40.00 million crypto wallets and is one of the top five countries in the world for cryptocurrency adoption. The country has a median age of 20 years and a total population of 250.00 million, 70% of whom are under 30 years old. "Emerging markets will leapfrog in the adoption of these new technologies, and smaller countries will find it easier to adopt Bitcoin." [律动]

Pakistan Crypto Minister: Country's Demographics Will Drive "Leapfrog Development" in Bitcoin Adoption

According to Cointelegraph, Bilal Bin Saqib, Pakistan's Minister of Cryptocurrency and Blockchain, stated that the country's demographic structure will drive Bitcoin adoption to achieve "leapfrog development," surpassing developed countries in this regard. Bilal Bin Saqib pointed out that Pakistan has 40 million crypto wallets, making it one of the top five countries globally in terms of cryptocurrency adoption rate. The country has a median age of 20 years, a total population of 250 million, with 70% of the population aged below 30. "Emerging markets will achieve leapfrog development in the adoption of these new technologies, and smaller countries are more likely to adopt Bitcoin." [律动 News]

Pakistan's Minister for Digital Affairs: Country's Demographics Will Drive Bitcoin Adoption to Achieve "Leapfrog Development"

On July 27, Cointelegraph reported that Bilal Bin Saqib, Pakistan's Minister of State for Cryptocurrency and Blockchain, stated that the country's demographics will drive Bitcoin adoption to achieve a "leapfrog development," surpassing developed countries. Bilal Bin Saqib pointed out that Pakistan has 40.00 million crypto wallets and is one of the top five countries in the world for cryptocurrency adoption. The country has a median age of 20 years and a total population of 250.00 million, 70% of whom are under 30 years old. He said, "Emerging markets will achieve leapfrog development in the adoption of these new technologies, and small countries will find it easier to adopt Bitcoin." Previously, it was reported that Pakistan and El Salvador signed a letter of intent in July to share knowledge in Bitcoin education, digital asset infrastructure, and crypto mining energy development. Pakistan plans to use up to 10,000.00 megawatts of surplus electricity for Bitcoin mining, of which 2,000.00 megawatts will be allocated to Bitcoin mining and artificial intelligence data centers. [TechFlow]

Pakistan Crypto Minister: Demographics Will Drive Country's Bitcoin Adoption in "Leaps and Bounds"

Pakistan's Minister of State for Cryptocurrency and Blockchain, Bilal Bin Saqib, stated that Pakistan's demographics are a major catalyst for Bitcoin adoption, enabling it to "leapfrog" developed countries. Currently, there are approximately 40.00 million crypto wallets in Pakistan, ranking it among the top five globally in crypto adoption, mainly benefiting from its young, tech-savvy population. Pakistan plans to use 2,000 megawatts of surplus electricity for Bitcoin mining and AI data center construction, and is exploring the deployment of national Bitcoin reserves and the issuance of stablecoins. In July, the country also signed a letter of intent with El Salvador to cooperate on Bitcoin education, infrastructure, and energy development. [Cointelegraph]

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Pakistan Crypto Minister: Demographics Will Drive Pakistan's "Leapfrog" Adoption of Bitcoin

July 27 news, according to Cointelegraph, Pakistan's Minister of State for Cryptocurrency and Blockchain Bilal Bin Saqib said in an interview that Pakistan's demographic structure is the main catalyst for the popularity of Bitcoin, enabling it to "leapfrog" beyond developed countries. The Pakistani government has begun regulating cryptocurrencies in November 2024. Pakistan has 40 million cryptocurrency wallets and is one of the "top five" countries in terms of cryptocurrency penetration. Bilal Bin Saqib attributed this to Pakistan's young population structure. "The median age of Pakistan is 20 years old. There are 250 million people, 70% of whom are under 30 years old. If Pakistan's young people were counted as a country, it would be the ninth or tenth most populous country in the world." He added: "Emerging markets will make breakthroughs in the adoption of these new technologies. Smaller countries are more likely to adopt Bitcoin because they are flexible in scale and can stay ahead of developed countries." [PANews]

Pakistan’s Crypto Minister: Demographics will drive Bitcoin adoption in Pakistan by a “leapfrog”

Demographics will 'leapfrog' Bitcoin adoption in Pakistan — Bilal Bin Saqib

巴基斯坦年轻且精通科技的人口，在应对通胀压力的过程中，推动了比特币的普及和新金融体系的发展。

Bilal Bin Saqib 表示，人口结构将推动巴基斯坦的比特币采用实现“跨越式发展”。

巴基斯坦年輕且精通科技的人口，在應對通脹壓力的過程中，推動了比特幣的普及和新金融體系的發展。