Pakistan is moving closer to legalizing cryptocurrency, marking a significant shift in its financial policy. The government has proposed amendments to the State Bank of Pakistan (SBP) Act, which would officially recognize digital currencies and allow the SBP to regulate them. This decision follows directives from the Sindh High Court urging the government to establish a crypto regulatory framework within three months.

Under the proposed changes, the SBP would gain authority to issue and manage digital currency alongside physical currency, strengthening its role in overseeing both digital and traditional financial assets. Additionally, penalties for unauthorized digital currency issuance are set to be introduced, reinforcing regulatory control. The amendments also aim to allow dual nationals to hold senior roles within the SBP, broadening the talent pool for central bank governance.

If approved, Pakistan would join a growing list of countries embracing digital currencies within a regulated system, potentially opening up new opportunities in the nation’s financial landscape and signaling a more progressive approach to digital finance. #CryptoNewss #pakistan #cryptopakistan $BTC $ETH #PKR

In addition to my last post, have you ever asked yourself the question that why you need money? If not, then you should. The earlier you do the better it is.

World has been filled with Oblivionnaires who are only driven by their materialistic desires. If you are the next, are you one of them?

#BTC #Eth #BNB #PKR #XEC

*INTERESTING*

One of my relatives needed some money back home. I tried to send #AUD $6000 back home in #PKR using #Remitly and #Wise

Not only they refused twice on my account and once from my wife's account claiming as suspicious activity, but blacklisted us both when I was the sender, receiver, and the banks accounts and cards were under my name.

Wise simply said, we can't provide business in Pakistan atm. Convenient!!!!

Something fishy is going on in #PKR , definitely.

Think about #PKR #BTC

I don't expect the same from Binance, too.

Dear All #Binancians (#Pakistan )

Remember Whenever you are going to Trade #USDT against #PKR at #P2P Platform of #Binance

Whether you are purchasing or selling, please ensure to share your CNIC only if it is explicitly required and specified in the merchant's instructions. If necessary, kindly provide your CNIC with below mentioned editing
1. Mention Trader Name
2. Date & Time
3. Amount in PKR
4. Write Binance or May be You can write only BN

For ref a Pic is attached

Please don't forget to Follow A HEART TALK

#eCash #Xecusdt #PKR Xec can reach to as close as to a #Dollar by the end of next year. What do you think? Guide others if you think I'm wrong and please comment. Thank you