Pakistan lawmakers and financial advisors stated that by allowing crypto use freely, they want to get in odds against global agencies.
On Wednesday, May 17, Pakistan’s Senate Standing Committee on Finance directed legislation to curb the use of cryptocurrencies in the country.
This comes at a time when the country has been facing major economic challenges with inflation soaring to more than 36% during the last month of April 2023.
During yesterday’s meeting, Minister of State for Finance Ayesha Ghos Pasha said that the legislation will be implemented banning any kind of use of cryptocurrencies.
