Govt working on crypto framework aligned with FATF policies, says PM’s aide
- “Not regulating crypto poses a major risk,” warns SAPM.
- Global rate of crypto usage for illicit activities is 0.024%: Saqib.
- PM’s aide clarifies govt won’t spend money to buy bitcoins.
Special Assistant to the Prime Prime Minister (SAPM) on Blockchain and Crypto Bilal Bin Saqib on Sunday stated that the government was formulating a digital currency regulatory framework aligned with the policies of the Financial Action Task Force (FATF), a global body that combats terrorist financing and money laundering.
Speaking on Geo News programme “Naya Pakistan”, Saqib, who is also the Chief Executive Officer (CEO) of the…
