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3232Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide
https://www.digit.info/pakistans-central-bank-sees-few-good-use-cases-for-crypto-citing-a-lot-of-misuses-worldwide/
Wed, 09 Mar 2022 07:30:11 +0000https://www.digit.info/2022/03/09/pakistans-central-bank-sees-few-good-use-cases-for-crypto-citing-a-lot-of-misuses-worldwide/Read more]]>The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, trafficking of people, money laundering, and many other things.” Pakistani Central Bank Governor’s Stance on Crypto The governor of the State Bank of Pakistan […]
]]>Islamic Scholar Says Digital Currency is Not a ‘Fictitious Currency’
https://www.digit.info/islamic-scholar-says-digital-currency-is-not-a-fictitious-currency/
Tue, 01 Mar 2022 07:00:34 +0000https://www.digit.info/2022/03/01/islamic-scholar-says-digital-currency-is-not-a-fictitious-currency/Read more]]>An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from the perspective of Islamic law. Use of Crypto in the Digital […]
]]>Pakistan Central Bank Governor on Cryptocurrency: ‘The Potential Risks Far Outweigh the Benefits’
https://www.digit.info/pakistan-central-bank-governor-on-cryptocurrency-the-potential-risks-far-outweigh-the-benefits/
Fri, 18 Feb 2022 09:00:39 +0000https://www.digit.info/2022/02/18/pakistan-central-bank-governor-on-cryptocurrency-the-potential-risks-far-outweigh-the-benefits/Read more]]>The Pakistani central bank governor, Reza Baqir, recently revealed that his organization has determined the risks posed by cryptocurrencies “far outweigh the benefits.” The governor, however, suggested that if solutions that address these potential risks emerge, the central bank “is open to looking at them.” Crypto Said to Have No ‘Real Economic Benefits’ for Pakistan […]
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, trafficking of people, money laundering, and many other things.” Pakistani Central Bank Governor’s Stance on Crypto The governor of the State Bank of Pakistan […]
An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from the perspective of Islamic law. Use of Crypto in the Digital […]
The Pakistani central bank governor, Reza Baqir, recently revealed that his organization has determined the risks posed by cryptocurrencies “far outweigh the benefits.” The governor, however, suggested that if solutions that address these potential risks emerge, the central bank “is open to looking at them.” Crypto Said to Have No ‘Real Economic Benefits’ for Pakistan […]