#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

🔥Some major exchange will be banned in India 🇮🇳 is that true or just a rumour 😢🤔

#BANNED #Indiacrypto

20%Indian population has invested in Crypto there hard earning money 💵 government should find solutions not to create problems
#BItcoin

🚨 THIS IS SO BAD NEWS FOR THIS RESIDENTS🚨
Cryptocurrency regulations vary significantly across different countries, with some nations imposing bans or restrictions. Here’s an accurate summary of the cryptocurrency stance in the countries you’ve mentioned:
Algeria: The use of all virtual currencies is deemed illegal.
Egypt: Cryptocurrencies are classified as “haram,” meaning they are prohibited under Islamic law.
Morocco: Engaging in transactions using virtual currencies is illegal.
Nigeria: The country has banned bank transactions in Bitcoin and other virtual currencies.
Tanzania: The Bank of Tanzania has issued advisories against the use of cryptocurrencies.
Namibia: Cryptocurrency exchanges are not permitted, and cryptocurrencies cannot be accepted as payment for goods and services.
Zimbabwe: The Reserve Bank of Zimbabwe has prohibited the use of cryptocurrencies in banking.
Costa Rica: Bitcoin and other cryptocurrencies are not recognized as legal currencies.
Bolivia: The Central Bank of Bolivia has banned the use of Bitcoin and any other non-regulated currencies.
Afghanistan: Trading in cryptocurrencies is banned.
$BTC $NOT $BONK #btc #BANNED #Badnews #MiCA #IntroToCopytrading