Pakistan Plans To Legalise Bitcoin And Crypto
Pakistan unveils plans to legalise bitcoin and crypto and implement a regulatory framework to attract foreign investment and boost adoption.
Bilal Bin Saqib, CEO of the Pakistan Crypto Council, told Bloomberg on Thursday that Pakistan has unveiled plans to legalise bitcoin and crypto and implement a regulatory framework to attract foreign investment and boost adoption.
The government aims to devise clear regulations and align with international best practices. Pakistan’s Finance Minister formed the PCC last week to steer the country’s crypto strategy.
“Pakistan is done sitting on the sidelines” regarding bitcoin and crypto, Saqib told Bloomberg. “We want to attract international investment because Pakistan is a low-cost,…
