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#CryptoCurrency Permanently #BANNED in Pakistan A meeting of the Standing Committee on Finance was held under the chairmanship of Senator Saleem Mandviwala at Parliament House today, where it was informed that the State Bank of Pakistan (#SBP ) and the Ministry of IT & Telecom have started work to ban the use of cryptocurrencies in the country. The committee directed authorities to block cryptocurrency services and websites dealing with the instrument in Pakistan. Minister of State for Finance and Revenue Dr. Aisha Ghaus Pasha informed the committee that cryptocurrencies will never be legalized in Pakistan. She said the Financial Action Task Force (#FATF ) had imposed strict conditions on the usability and viability of cryptocurrencies, therefore this medium of exchange will not be allowed in Pakistan. #feedfeverchallenge

#CryptoCurrency Permanently #BANNED in Pakistan

A meeting of the Standing Committee on Finance was held under the chairmanship of Senator Saleem Mandviwala at Parliament House today, where it was informed that the State Bank of Pakistan (#SBP ) and the Ministry of IT & Telecom have started work to ban the use of cryptocurrencies in the country.

The committee directed authorities to block cryptocurrency services and websites dealing with the instrument in Pakistan.

Minister of State for Finance and Revenue Dr. Aisha Ghaus Pasha informed the committee that cryptocurrencies will never be legalized in Pakistan. She said the Financial Action Task Force (#FATF ) had imposed strict conditions on the usability and viability of cryptocurrencies, therefore this medium of exchange will not be allowed in Pakistan.

#feedfeverchallenge

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The #DePIN sector is becoming one of the hottest trending categories in the crypto market. It continues to grow at an alarming rate, with thousands of traders looking to get positioned in its bubbling ecosystem to take advantage of the early adopter opportunity. The DePIN sector in the crypto market is growing rapidly. The top five DePIN projects ready to surge in the 2024 bull market are Filecoin $FIL , Render $RNDR Network, Theta Network $THETA , Bitcoin Minetrix, and eTukTuk. These projects offer various decentralised services and solutions to transform centralised industries. The DePIN is hottest trending categories in the crypto market. It continues to grow at an alarming rate, with thousands of traders looking to get positioned in its bubbling ecosystem to take advantage of the early adopter opportunity. DePIN refers to Decentralised Physical Infrastructure Networks (DePIN), offering a new approach to creating and maintaining a physical infrastructure through a community of deployers rather than trusting a centralised entity. From decentralised file storage to distributed computation networks, decentralised WiFi infrastructure to permissionless streaming platforms - DePIN can transform the majority of centralised services worldwide. With the industry becoming red-hot, we’ve found the top five DePIN projects ready to surge in the 2024 bull market. Three of these projects are established heavyweights ready to continue their upward momentum. The other two are up-and-coming, newly emerging projects you must keep your eyes on. These five DePIN projects are ready to surge in coming #BullRun of 2024-25 1️⃣Filecoin - A decentralised peer-to-peer file storage infrastructure. 2️⃣Render Network - A distributed GPU rendering on the blockchain project. 3️⃣Theta Network - A Web3 infrastructure for video streaming, AI, and entertainment. 4️⃣Bitcoin Minetrix - A hotly trending decentralised cloud mining infrastructure. 5️⃣eTukTuk - A revolutionary sustainable transport solution to bring EVs to developing countries. #DYOR #StopLoss
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