Pakistan: Regime forms three committees to fantasize about controlling cryptocurrency

Source: NDTV [India]

“The Pakistani government has set up three sub-committees to deliberate the future of cryptocurrency in the nation. The committees will assess all elements of the cryptocurrency industry and offer recommendations on Pakistan’s crypto legislation. The sub-committees were constituted during a meeting headed by Finance Secretary Hamed Yaqoob Sheikh to decide whether the wider cryptocurrency market should be legalised or banned. As per a local newspaper, Pakistan’s federal government is leaning towards either a blanket ban on crypto transactions, or a strong form of control on the emerging market.” (05/04/22)