A Major Shift From Ban To Boom
After a long history of rejecting the technology, Pakistan is now moving to legalize cryptocurrency and the blockchain. In 2023, Pakistan was one of the many countries with a hardline policy on crypto use and blockchain technology.
Aisha Ghaus Pasha, the country’s Minister of State for Finance and Revenue, even publicly stated that “they will never legalize” crypto in the country.
Today, this policy is about to change with the Pakistani government approving a proposed amendment to its State Bank of Pakistan (SBP) Act, allowing the state’s chief bank to issue its first digital currency.
Pakistan’s Major Policy Shift On Crypto
The Express Tribune reports that government sources have signaled a policy shift by the…
