UN Highlights Bitcoin's Potential as Digital Public Infrastructure

The United Nations has highlighted Bitcoin's potential as digital public infrastructure at its Digital Cooperation Day event. The panel discussion, titled 'Blockchain and the Tokenized Future', featured Jeremy Almond, CEO of Paystand, and Bilal Bin Saqib, Chairman of Pakistan's Virtual Assets Regulatory Authority.

Almond framed Bitcoin as a catalyst for achieving the UN's Sustainable Development Goals, advocating for economic agency over charitable dependency. He emphasized that countries should be able to adopt blockchain-based systems on their own terms, rather than importing frameworks designed for different economies.

Pakistan's presence on the panel was significant, given its efforts to push for comprehensive global rules on digital assets through UN platforms. The country has been using these platforms to tie its advocacy explicitly to sustainable development objectives.