Pakistan


Tech

Pakistan to Explore Blockchain for Multibillion Dollar Remittances From Abroad: Adviser

Blockchain technology could help improve the speed and lower the cost of cash transfers from migrant workers, Bilal bin Saqib said in an interview.

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Policy

Pakistan to Set Up Council to Oversee Crypto Policy: Report

The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.

Pakistan flag (Hamid Roshaan / Unsplash)

Policy

FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List'

Pakistan's Minister of State for Finance and Revenue has reportedly said crypto cannot be legalized in the nation due to conditions set by the global money laundering watchdog for staying off of its list of countries under increased monitoring.

Karachi, Pakistan - Nov 14, 2021: People are seen at a weekly Sunday bazaar in Bufferzone, an area of central Karachi of Sindh province in Pakistan

Policy

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

Cryptocurrencies will “never be legalized in Pakistan,” said Minister of State for Finance and Revenue Aisha Ghaus Pasha.

Karachi, Pakistan - Nov 14, 2021: People are seen at a weekly Sunday bazaar in Bufferzone, an area of central Karachi of Sindh province in Pakistan

Videos

Pakistan Mulls Crypto Future; Bitcoin’s Fed Boost

Pakistan to take a fresh look at cryptocurrency. Kazakhstan orders bitcoin miners to file regular status reports. Biggest Fed hike in 22 years sees Bitcoin close to $40,000 mark. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Videos

Pakistan’s Crypto Warning; Indian Banks’ Crypto Reluctance

Russia proposes crypto mining hotspots. State Bank of Pakistan’s governor warns crypto risks outweigh benefits. India’s central bank stranglehold leaves banks hesitant over crypto. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Finance

Pakistan’s Crime Agency to Ask Telecom Authority to Block Crypto Websites: Report

The State Bank of Pakistan has already submitted recommendations for regulating cryptocurrencies.

Karachi, Pakistan - Nov 14, 2021: People are seen at a weekly Sunday bazaar in Bufferzone, an area of central Karachi of Sindh province in Pakistan

Policy

Pakistan Plans to Ban Cryptocurrencies as Stance Hardens: Reports

A central bank and government report recommends declaring all cryptocurrencies illegal.

Sindh Province Capital Karachi, Pakistan. (Muhammad Jawaid Shamshad/Unsplash)

Policy

Pakistan’s Investigation Agency Contacts Binance About $100M Scam

At least 11 allegedly fraudulent applications linked to Binance, and several thousand investors were hit.

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Policy

Pakistan High Court Grants Commission to Weigh Crypto Legality in Sindh Province: Report

The court said the decision to allow any form of crypto business activity falls squarely in the lap of the federal government.

Sindh Province Capital Karachi, Pakistan. (Muhammad Jawaid Shamshad/Unsplash)

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