The utilization of cryptocurrency in Pakistan” Aiming to provide a better understanding of the various applications. Fawad Chaudhry, Minister of Information, has stated that Pakistan will not legalize digital foreign currency anytime soon. The foreign currency has no guarantees, says Fawad. According to him, digital currencies should not be allowed merely because of their belief levels.
Fawad Chaudhry cited the extent of cryptocurrency fluctuation within the country as another reason for not permitting the use of crypto in the nation. Moreover, FATF conditions require us to refrain from permitting any such kind of cost within the nation,” he said.
Source: The Nation