Tag: State Bank of Pakistan
Pakistan Hints at Possible Ban of Crypto Trading | Live Bitcoin News
Finovate Global Australia: CBA Launches Tech Hub, ANZ Plus Reaches 100K Customer Milestone, Aussie Regulators Target AMEX
NayaPay Grabs a $13 Million Funding Round to Expand Pakistan’s Digital Payments
Russia’s Central Bank Reportedly Proposes a Total Crypto Ban
Pakistan’s FIA Asks Telecom Authority to Block Over 1600 Crypto Sites
Samaa TV reported last Tuesday, citing FIA Director Babur Bakht Qureshi, that Pakistan’s Federal Investigation Agency (FIA) has written to the Pakistan Telecommunication Authority (PTA) seeking a prohibition on the access to more than 1,600 cryptocurrency trading websites. Last week, the director announced his plan to seek the Telecommunications Authority over the shutdown of various crypto websites. Cryptocurrency, he believes, is being used for money laundering. Qureshi said “a list of those involved in the Bitcoin trade is being compiled,” according to the website. When Bitcoin is banned in Pakistan, he says, “These guys would be jailed.” Furthermore, Qureshi stated that those who promote cryptocurrency in Pakistan will be prosecuted. The director was cited as adding, “These persons are on the radar of the agency, and action will be done against them soon.” Pakistan Still Comprehending What To Do with Crypto Pakistan’s government is debating whether or not to ban or regulate Bitcoin. Shibli Faraz, Pakistan’s minister of science and technology, said last Monday during the country’s inaugural blockchain summit, which his ministry co-hosted, that the government plans to “regularize” cryptocurrencies in Pakistan. He went on to say that the finance ministry, the State Bank of Pakistan, and the Pakistan Securities and Exchange Commission are all working on a strategy right now. The State Bank of Pakistan (SBP), on the other hand, has already decided to outrightly ban cryptocurrencies. The central bank presented a report to the Sindh High Court last week suggesting that cryptocurrency be banned entirely.
The post Pakistan’s FIA Asks Telecom Authority to Block Over 1600 Crypto Sites appeared first on Cryptoknowmics-Crypto News and Media Platform.
Pakistan Is Considering Ending All Crypto Activity
Pakistan could be the next country to ban cryptocurrency. The nation’s central bank is calling for an outright ban on all digital currency activity per documents submitted to the Sindh High Court, the country’s biggest legal establishment. Pakistan Seeks to End Crypto’s Run The fight has allegedly been going on since the year 2019. A...
The post Pakistan Is Considering Ending All Crypto Activity appeared first on Live Bitcoin News.
Pakistan Wants To Block Websites Dealing With Crypto
Pakistan Seeks to Block Websites Dealing in Cryptocurrency: Report
State Bank of Pakistan recommends a cryptocurrency ban
Crypto News Roundup: NFT Restuarant, Blockchain In Space, Buy Telsa With Dogecoin
GameStop to launch an NFT marketplace, New York’s first NFT restaurant coming soon, and now you can buy Tesla merchandise with Dogecoin.
The post Crypto News Roundup: NFT Restuarant, Blockchain In Space, Buy Telsa With Dogecoin appeared first on BitcoinChaser.