Pakistan’s Minister of State for Pakistan and Blockchain Bilal Bin Sakb will look forward to cooperating with Wall Street.
A publication on June 6 X is explained by the Pakistan Cheap Council that Sakib met Brandon Lottennik, Chairman and CEO of Cantor Fitzgerald, a global financial services company. A separate video clip in a separate post shows that he also met with the mayor of New York City Eric Adams, who recently said he would ensure the launch of the city’s Bitcoin Association. Read the post:
“New York Lahore.”
The meeting with Lutnick follows his recently increasingly interesting company with encryption. According to what was reported, the two discussed “the distinguished symbol, bitcoin mining, the future of the Pakistani Web3 and ways of cooperation.”
Cantor Fitzgerland is a global financial power founded in 1945 with the headquarters of New York, focusing on investment banking services, fixed income, stocks, real estate, Spacs and financial technology. The company’s website indicates that its investment arm runs about $ 14.8 billion of assets.
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The giant Wall Street Street deepened in encryption relationships
The report was followed by news from late April that Brandon Lootnik was cooperating with SoftBank, Tether and BitFinex to create a $ 3 billion purchase company. In late 2024, it was reported that the company has a 5 % stake in Tether Stablecoin.
Recently, Cantor Fitzgerland has also made a partnership with Anchorage Digital and Copper, as it depends on it as Bitcoin and its side managers in that it launches its new works to finance digital assets, and target institutional investors.
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Friendship of Pakistan’s encryption with the United States
Ads follow the Saqib meeting with Robert “Bo” Hines, CEO of US President Donald Trump’s Council on digital assets, during a visit to the White House earlier this week. The meeting focused on the cooperation of the cryptocurrency initiative between Pakistan and the United States, including potential partnerships and future decentralized financial initiatives.
In late May, Sakib also revealed that Pakistan was moving to create a strategic bitcoin reserve. This represents a transformation in the country’s position that Crypto will never be legal.
Saqib was appointed by Pakistani Prime Minister Shehbaz Sharif in late May as his private assistant in Blockchain and Crypto. This announcement came shortly after Pakistan allocated 2000 megawatts of the surplus of electricity exclusively to bitcoin mining centers and artificial intelligence.
magazine: The United States risks the “front running” on the Bitcoin Reserve by other countries: Samson Mww
