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Category: Pakistanis
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Pakistan Freezes Over 1,000 Accounts and Cards Used For Crypto Trading
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Pakistanis Own $20 Billion in Crypto, Report Reveals
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Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
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Pakistan’s Urdubit Exchange Shuts Down After Crypto Ban
Urdubit, a leading Pakistani bitcoin exchange, has closed down permanently. The news came after the central bank of Pakistan announced a ban on dealings with cryptocurrencies. The trading platform urged customers to withdraw their funds “as fast as possible”. Its team confirmed on social media its operations had been suspended due to the prohibition of […]
The post Pakistan’s Urdubit Exchange Shuts Down After Crypto Ban appeared first on Bitcoin News.
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Pakistan’s Central Bank Prohibits Crypto Dealings with a Circular
The State Bank of Pakistan (SBP) has issued a circular on the “prohibition of dealing in virtual currencies”. The measure comes right after a similar move by the central bank of neighboring India. Commercial banks and payment providers have been told to stay away from crypto operations. They should not facilitate transactions of virtual currencies […]
The post Pakistan’s Central Bank Prohibits Crypto Dealings with a Circular appeared first on Bitcoin News.
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