Pakistan combines traditional diplomacy with digital asset initiatives in crypto push

AI Summary The government of Pakistan has sought a $10 billion Bilateral Exchange Stabilization Support Facility from the U.S. This request is in line with its efforts to improve its forex reserves and boost its digital financing efforts. As reported by Reuters, the proposal was presented by Finance Minister Muhammad Aurangzeb to US Treasury Secretary Scott Bessent,... fulltext: 360 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/pakistan-crypto-push-demand-digital-assets/ Source: CryptoPolitan