💥Imran Khan, the former Prime Minister of Pakistan,🇵🇰 took several actions regarding cryptocurrency:💵💸
🔼1. Taskforce on Cryptocurrency:
In 2018, his administration established a taskforce to study and propose regulations for cryptocurrency.
🔼2. Legalization Efforts:
In 2020, the taskforce recommended legalizing cryptocurrency, prompting the government to start developing a regulatory framework.
🔼3. SBP Regulations:
In 2021, the State Bank of Pakistan issued guidelines for Electronic Money Institutions, facilitating the operation of cryptocurrency exchanges.
🔼4. PTA Actions:
Also in 2021, the Pakistan Telecommunication Authority initially blocked cryptocurrency exchange websites but lifted the ban following the SBP guidelines.
🔼5. Cryptocurrency Bill:
In 2022, his government introduced a bill in the National Assembly to regulate and legalize cryptocurrency.
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