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Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

May 18, 2023
in Crypto Updates
Reading Time: 1 min read
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On April 30, 2023, Pakistan’s Daybreak newspaper reported that banks have formally warned prospects in opposition to utilizing debit or bank cards for crypto buying and selling. However Daybreak additionally stated that cryptocurrencies are gaining rising recognition within the nation with the annual buying and selling quantity for Pakistan-based wallets going as much as $25 billion, up from $18 billion to $20 billion a 12 months in the past, in response to Zeeshan Ahmed, nation basic supervisor at Rain Monetary, a Gulf-based buying and selling platform for cryptocurrencies.

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Tags: AdoptionAnnouncesbanCryptoFreshHedgePakistanPopularRemains
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