According to Sources, the Pakistan Telecommunication Authority (PTA) would soon ban websites dealing in cryptocurrency in the country. The PTA has received a letter in this regard from the Federal Investigation Agency (FIA), and its enforcement division is now attempting to find a means to restrict these websites. Earlier this week, the FIA indicated that … Read more
The Federal Investigation Agency (FIA) has decided to approach the Pakistan Telecommunication Authority (PTA) to expressly prohibit cryptocurrency-related websites and blacklist them in Pakistan. According to local news and sources, the federal watchdog is looking into a variety of regulation options to tighten its grip on the local crypto space, with the goal of preventing … Read more
Pakistan is experiencing a cryptocurrency movement lead by Waqar Zaka, On Twitter, a ‘crypto influencer’ and TV host who has become a hero for many people online. Pakistani Twitter hashtags include #TechnologyMovementDharna, #youthwantscrypto, and #IstandWithWaqarzaka. In 2019, Zaka had filed a petition in Sindh High Court for legalising crypto currency in Pakistan. The case resulted in the … Read more
Pakistani youth have warned that if the government decides to ban cryptocurrency, they will stage sit-ins to protest the decision. They further stated that if the government enforces the ban, they will not vote for Prime Minister Imran Khan in the upcoming elections. The youth are threatening to march to D-Chowk in Islamabad for the … Read more
KARACHI: A high-level committee constituted by the Sindh High Court (SHC) on Wednesday recommended a complete ban on all cryptocurrencies in Pakistan. The high court on October 20, 2021 constituted a committee headed by the State Bank of Pakistan (SBP) deputy governor to consider the trade/transactions of any kind of cryptocurrency in Pakistan. The SHC … Read more
