• Home
  • News
  • About
  • Contact Us
Newsletter
Cryptoinsiders24.Com — news about the cryptocurrency market
  • Home
  • News
  • About
  • Contact Us
No Result
View All Result
  • Home
  • News
  • About
  • Contact Us
No Result
View All Result
Cryptoinsiders24.Com — news about the cryptocurrency market
No Result
View All Result
Home News

Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit

Kevin Whitley by Kevin Whitley
September 28, 2022
in News
0
Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit
3
SHARES
20
VIEWS
Share on FacebookShare on Twitter

Related articles

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

May 11, 2026
Don't Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

Don’t Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

March 12, 2024

A former reality TV host with millions of followers on YouTube became one of Pakistan’s biggest crypto proponents, and hopes to help his country shine again.

When YouTube was banned in Pakistan, Reality TV star Waqar Zaka “had no other option” than to turn to Bitlanders — an artificial intelligence (AI) educational social platform — to monetize his content in Bitcoin (BTC). Cointelegraph interviewed Zaka for the latest episode of Crypto Stories to find out how this celebrity came up against the Pakistani government.

Zaka claimed that the capital gains he was earning in Bitcoin were “nothing” in comparison to his YouTube earnings, but that no one believed in the origins of his newfound financial freedom. With the goal of making his home country of Pakistan crypto rich, he decided to trade in his media and entertainment work for Bitcoin study materials. 

When the technology-averse Pakistani government banned Bitcoin in 2017, Zaka filed a petition against it and won. He took to social media to speak out against the government’s unconstitutional acts, offer advisory support and encourage the Pakistani people to invest in crypto. Zaka was then appointed for  to run the first crypto mining farm to use hydropower in Pakistan for a short-lived venture.

When Bitcoin was still at $5,000, Zaka challenged the government to invest 1% of its budget and put up his property as collateral. He succeeded in getting the government to enact an order that does not criminalize crypto mining or investing unless proven to be invoiced in illegal activities.

Related: Crypto Stories: Spells of Genesis card game resurges in popularity as sales skyrocket

Recently, Pakistan’s President Arif Alvi called for more training in blockchain technology, artificial intelligence and cybersecurity during a meeting with blockchain experts.

Share1Tweet1

Related Posts

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

by jane
May 11, 2026
0

The Markets in Crypto-Assets Regulation (MiCA), which took full effect on 30 December 2024, introduced a single, EU-wide rulebook for...

Don't Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

Don’t Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

by jane
March 12, 2024
0

The crypto space is a land of opportunity, but it's also riddled with potential pitfalls. Sponsored content can be a...

Bitcoin’s Remarkable Surge: What’s Behind It?

Bitcoin’s Remarkable Surge: What’s Behind It?

by Loretta Williamson
October 25, 2023
0

Bitcoin is once again making headlines as it surges past the $35,000 mark, reaching a level not seen since May...

Bitcoin Dominance Surges as Ether and DeFi Tokens Face Market Headwinds

Bitcoin Dominance Surges as Ether and DeFi Tokens Face Market Headwinds

by Loretta Williamson
October 18, 2023
0

In a day marked by shifting tides in the cryptocurrency market, Bitcoin (BTC) has once again asserted its dominance, outperforming...

JPMorgan’s Tokenization Platform, TCN, Goes Live with BlackRock Leading the Way

JPMorgan’s Tokenization Platform, TCN, Goes Live with BlackRock Leading the Way

by Loretta Williamson
October 12, 2023
0

Blockchain-Based Tokenized Collateral Network Settles First Trade, Revolutionizing Asset Utilization JPMorgan, a major player in the U.S. banking sector, has...

Load More
  • Trending
  • Comments
  • Latest
The Cause Behind Ethereum’s (ETH) Significant Price Drop

The Cause Behind Ethereum’s (ETH) Significant Price Drop

June 29, 2023
Soulbound Tokens: Social credit system or spark for global adoption?

Soulbound Tokens: Social credit system or spark for global adoption?

September 28, 2022
Технический директор CoinW подтвердил, что криптовалютная биржа полностью выплатила компенсацию пользователям, пострадавшим от ненормальных колебаний цен

Технический директор CoinW подтвердил, что криптовалютная биржа полностью выплатила компенсацию пользователям, пострадавшим от ненормальных колебаний цен

September 28, 2022
Play-to-Earn vs. Move-to-Earn explained

Play-to-Earn vs. Move-to-Earn explained

September 28, 2022
Russian tech and political executives denounce crypto ban proposal

Russian tech and political executives denounce crypto ban proposal

0
Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week

Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week

0
Bank of Korea completes first phase of digital currency pilot

Bank of Korea completes first phase of digital currency pilot

0
No regrets for NYC mayor receiving his first Bitcoin paycheck during dip

No regrets for NYC mayor receiving his first Bitcoin paycheck during dip

0
Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?

May 11, 2026
ORACLE MEME ($OMEME): The Best Meme Project Launched So Far

ORACLE MEME ($OMEME): The Best Meme Project Launched So Far

June 14, 2024
Don't Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

Don’t Get Rekt: Avoiding Sponsored Content Pitfalls in the Cryptosphere

March 12, 2024
Red Sea Crisis Escalates: Houthi Attacks Halt Global Shipping, Sparking Market Volatility

Red Sea Crisis Escalates: Houthi Attacks Halt Global Shipping, Sparking Market Volatility

March 4, 2024
Cryptoinsiders24.Com — news about the cryptocurrency market

cryptoinsiders24.com offers original coverage of the global blockchain and cryptocurrency news, provides opinions, reviews, guides, introduces.

Categories tes

  • News
  • Uncategorized

Tags

bitcoin blockchain nft OnlyFans

Contact us

[email protected]

  • Home
  • News
  • About
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • News
  • About
  • Contact Us

cryptoinsiders24.com © 2022.