Pakistan eyes blockchain for digitalization of government processes
A meeting chaired by Pakistan Prime Minister Imran Khan discussed ways in which technologies such as blockchain could be used to ensure efficiency of government processes.
A meeting chaired by Pakistan Prime Minister Imran Khan discussed ways in which technologies such as blockchain could be used to ensure efficiency of government processes.
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.
The SECP initiated actions against nine companies for fraudulently dealing in cryptocurrencies.
A gang was busted in Pakistan that was demanding Bitcoin Core (BTC) for ransom, according to reports.
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.
Telenor, a global telecommunication giant, announced through its Pakistani subsidiary the launch of a blockchain powered cross border remittance service to Malaysia.
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.
The bank cautioned its customers against dealing with cryptocurrencies, particularly shady initial coin offerings (ICOs).