Pakistan’s State Bank Hints at Potential Cryptocurrency Trading Crackdown

Pakistan’s State Bank Hints at Potential Cryptocurrency Trading Crackdown

"It has almost become the new normal for banks to take a rather aggressive stance toward cryptocurrencies. That will not surprise anyone, although it is quite rare to hear Pakistan’s State Bank weigh in on these discussions. Although it is just a wa..."

_{Read more: themerkle.com}

More news sources

Pakistan Central Bank Bans Banks from Cryptocurrency, ICO Transactions

Pakistan’s central bank has told banks and other financial services providers not to support virtual currency transactions. The State Bank of Pakistan (SBP) advised the general public in a statement on its website and in a tweet that it regulates both d...

_{Read more: www.ccn.com}

Pakistan Central Bank Order Banks Not to Touch Cryptocurrency Businesses

Pakistan’s central bank, the State Bank of Pakistan (SBP), has issued a statement banning banks and other financial institutions from serving crypto related businesses. The move from the SBP comes a day after neighboring India released a similar sta...

_{Read more: bitsonline.com}

Japan Faces a Shortage of Software Engineers to Keep Its Crypto Industry Running

Japan is one of the most crypto-friendly countries in the world, and the first to have clear regulations for the crypto space. But even though the digital token industry is booming in the country, the security infrastructure of some large crypto exchanges...

_{Read more: bitsonline.com}

State Bank of Pakistan Prohibits Dealing in Virtual Currencies and Tokens

The State Bank of Pakistan has barred dealing in cryptocurrencies and has advised financial institutions in the country to refrain from facilitating customers.

_{Read more: cryptovest.com}

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