Latest News Of Pakistan Tag

Pakistani central bank plans to issue digital currency by 2025

Business 3 April 2019

Pakistani central bank plans to issue digital currency by 2025

The South Asian country intends to issue a state-backed digital currency by the year 2025 to bring more inclusion and reduce inefficiencies in their monetary system.

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Pakistan to close down nine cryptocurrency dealers

Business 2 April 2019

Pakistan to close down nine cryptocurrency dealers

The SECP initiated actions against nine companies for fraudulently dealing in cryptocurrencies.

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7 linked to crypto ransom racket busted in Pakistan

Business 29 March 2019

7 linked to crypto ransom racket busted in Pakistan

A gang was busted in Pakistan that was demanding Bitcoin Core (BTC) for ransom, according to reports.

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Is Pakistan about to formally legalize cryptocurrency?

Business 22 March 2019

Is Pakistan about to formally legalize cryptocurrency?

On Monday, Pakistani finance minister Asad Umar denied a report that the country was about to legalize the trade of Bitcoin Core (BTC) across the country.

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Blockchain-based remittance service launched between Pakistan and Malaysia

Business 10 January 2019

Blockchain-based remittance service launched between Pakistan and Malaysia

Telenor, a global telecommunication giant, announced through its Pakistani subsidiary the launch of a blockchain powered cross border remittance service to Malaysia.

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Traders find ways around Pakistan ban to buy, sell cryptos: reports

Business 15 May 2018

Traders find ways around Pakistan ban to buy, sell cryptos: reports

Although the State Bank of Pakistan has banned commercial banks, financial firms and traders from operating in cryptocurrencies, some are finding ways and means of circumventing this ban.

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‘Worried’ State Bank of Pakistan warns against shady crypto dealings

Business 9 April 2018

‘Worried’ State Bank of Pakistan warns against shady crypto dealings

The bank cautioned its customers against dealing with cryptocurrencies, particularly shady initial coin offerings (ICOs).

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