Pakistan unveils crypto reserve plan seen as ploy to woo Trump

Pakistan unveils crypto reserve plan seen as ploy to woo Trump Pakistan unveils crypto reserve plan seen as ploy to woo Trump

ISLAMABAD — Pakistan has unveiled a plan to establish a national crypto reserve, making the country an early adopter of digital currencies as a national asset.

However, the move faces a mounting backlash, with critics expressing concerns about a possible erosion of national wealth. The quickly taken decision is also seen as way to garner the favor of U.S. President Donald Trump.