Crypto News

Legalization and Regulation: The Pakistani government has announced plans to legalize cryptocurrency and introduce a regulatory framework to govern its use. This move comes as the country looks to attract foreign investment and boost its economy. Bilal bin Saqib, the newly appointed crypto advisor to the government, has stated that the legalization of cryptocurrency will provide a clear path for investors and businesses to operate in the market. This move is expected to bring in much-needed capital and boost economic growth. Crypto Adoption in Pakistan: Despite the lack of clear regulations, cryptocurrency has gained significant popularity in Pakistan. Many Pakistanis have already jumped on the crypto bandwagon, with popular coins like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) seeing a surge in trading volumes. The government's move to legalize and regulate crypto is expected to further increase adoption and bring in more investo...

Pakistan's Crypto Regulation Efforts The Pakistani government has been making efforts to create a legal framework for the use and regulation of cryptocurrencies in the country. This move is seen as a way to attract international investors to the country and boost its economy. Pro-Business Legal Framework The CEO of Pakistan Crypto Council, Bilal Bin Saqib, emphasized the need for a pro-business legal framework for cryptocurrencies. This would provide clarity for investors and businesses, making it easier for them to operate in the country. Regulatory Clarity for Investors With a clear and supportive legal framework, Pakistan aims to provide regulatory clarity for investors interested in the crypto market. This will also help to build trust and confidence in the market, leading to more investments in the country. Attracting International Investors One of the main goals of creating a legal framework for crypto in Pakistan is to attra...