The State Bank of Pakistan (SBP) announced a package of policy proposals on Nov. 4 that, if accepted, would legalize digital assets such as cryptocurrencies as legal tender throughout the country. In a meeting chaired by SBP governor Jameel Ahmad, the Monetary Policy Committee (MPC) reportedly...
The committee claimed that cryptocurrency trading in Pakistan was mostly speculative, with people being encouraged to invest for short term capital gains. Such activities, the committee claimed, could facilitate the transfer of illicit funds from the country, as well as boost the outflow of foreign ...
Pakistan Qatar Saudi Arabia Taiwan Thailand United Arab Emirates Vietnam Crypto Trading in US States, Districts, and Territories In the US, cryptocurrency trading legality varies by state. Here’s a map showing whereeToroallows crypto trading. ...
In this regard, cryptocurrency’s potential as a trusted financial instrument in developing countries like Pakistan is substantial. Historical data indicates a rising preference for virtual currencies over traditional payment methods in regions like this (Arpaci et al., 2023). In an exemplary move, ...
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There are already some countries that outright ban any activity relating to cryptocurrency (Algeria, Bolivia, Morocco, Nepal, Pakistan, and Vietnam). There is no reason to assume that this type of aggressive attitude towards this emerging technology couldn’t become more widespread. Imagine that yo...
With the recentabolishment of the largest bank notes in India, Venezuela, Pakistan, and Australia’s announcement to join them, the war on cash is coming. This is a war for thetotaleconomic control of money by both governments and banks. This is not for our safety, or security–it is to...
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However, it doesn’t support credit card purchases from some countries, namely Iceland, Vietnam, Afghanistan, Algeria, Bahrain, Iraq, Kuwait, Lebanon, Libya, Nigeria, Oman, Pakistan, Palestine, Qatar, Saudi Arabia, and Yemen. Some parts of the United States may be restricted due to varying ...