#美国证券交易委员会推进数字资产监管框架创新 The latest statement from Pakistan's regulatory authorities has attracted attention. The country no longer views Bitcoin merely as a financial asset but has elevated it to a strategic level within the country's economic infrastructure. More interestingly, Pakistan plans to fully utilize its domestic energy surplus of 20GW—using part of it for $BTC mining and part for developing the artificial intelligence industry—this combined approach actually reflects a redefinition of how emerging economies view cryptotechnology. From Pakistan's case, the next wave of global cryptocurrency adoption is likely to be led by emerging market countries. The ecological applications of mainstream coins such as $ETH, $XRP, and others are also expanding continuously under this trend. This not only reflects the recognition of the value of cryptotechnology itself but also indicates that traditional regulatory frameworks are evolving toward more practical and innovative directions.