🇵🇰 Pakistan is preparing to legalize cryptocurrency! The State Bank of Pakistan (SBP) has just proposed a policy to allow digital currency to become a legal means of payment. 🌟
- If approved, banks will be able to issue digital currency and process blockchain payment services.
- This could pave the way for CBDC and legal cryptocurrency transactions.
- Previously, Pakistan intended to ban cryptocurrency, but now there has been a positive shift.
Additionally, the SBP has also cut interest rates by 2.5% due to economic improvement. This could be a good sign for the cryptocurrency market in Pakistan.
What do you think about this move? Comment below! 💬