Pakistan to ban online services related to cryptocurrencies
May 19th, 2023

Pakistan’s Minister of State for Finance Aisha Ghaus Pasha revealed at a meeting of the Senate’s Standing Committee on Finance and Revenue that the State Bank of Pakistan (SBP) and the Ministry of Information Technology have started working on banning cryptocurrencies, which will never be legalized in Pakistan. Pakistani authorities intend to ban online services related to cryptocurrencies.

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