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Elon Musk has voiced support for Pakistan's approach to cryptocurrency regulation, tweeting 'Bravo Pakistan! This is what we should be doing in the West.' The comment, made in response to a post by user @RupertLowe10 about Pakistan's digital asset framework, underscores Musk's ongoing critique of Western regulatory stances that he views as overly restrictive or unclear. Pakistan has been advancing its crypto policy through the Pakistan Crypto Council, established in 2023, aiming to create a balanced framework that encourages innovation while ensuring compliance.
The endorsement from Musk, a prominent figure in crypto with ties to Dogecoin and Bitcoin, could shift market sentiment toward Pakistani initiatives. However, it remains to be seen whether any concrete policy changes will follow. Musk's tweet comes amid broader debates in the US and Europe about how to regulate digital assets, with some lawmakers pushing for clearer guidelines. The Western approach has been criticized for being fragmented and slow, potentially driving innovation to more welcoming jurisdictions like Pakistan.
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Bravo Pakistan! This is what we should be doing in the West.
— Elon Musk (@elonmusk) June 3, 2026