Crypto cold war heats up: As Pakistan, Bhutan, and US go all in, where does India stand? Report reveals how the world is weaponising blockchain

Crypto cold war heats up: As Pakistan, Bhutan, and US go all in, where does India stand? Report reveals how the world is weaponising blockchain

In the evolving battle for digital dominance, cryptocurrency has emerged as more than just a financial experiment, it is now a tool of diplomacy, economic survival, and geopolitical manoeuvring. According to an ET report, countries from Pakistan to Bhutan, the US to the UAE, are embedding crypto into their national strategies. But amid this global pivot, India remains cautious, caught in a regulatory limbo that experts say is increasingly risky.

Pakistan’s crypto push: Strategic ties and suspicious timing

Weeks before the Pahalgam terror attack, Changpeng Zhao, founder of Binance, agreed to advise the newly-formed Pakistan Crypto Council (PCC). In July, President Asif Ali Zardari signed an ordinance setting up the Pakistan Virtual…

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