Crypto-Advise-Free
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Pakistan Announces Plan to Regulate Cryptocurrency
The Government of Pakistan has created a new group called the Pakistan Crypto Council to manage cryptocurrency-related matters. This council will work on setting rules, encouraging safe innovation, and protecting people who use crypto.
Who’s in the Council?
- Finance Minister (Leader of the Council)
- Head of the State Bank of Pakistan
- Top officials from Law, IT, and Finance sectors
- A Chief Advisor to the Finance Minister
More experts will join the council later.
What Will the Council Do?
1. Create Rules: Develop clear guidelines to make using cryptocurrency easier and safer.
2. Work Globally: Partner with international crypto organizations to adopt best practices.
3. Support Innovation: Help startups, investors, and tech developers grow responsibly.
4. Protect Users: Ensure strong laws and systems are in place to keep people’s money safe.
This move aims to balance innovation in blockchain technology with security for Pakistan’s economy and citizens.
The Government of Pakistan has created a new group called the Pakistan Crypto Council to manage cryptocurrency-related matters. This council will work on setting rules, encouraging safe innovation, and protecting people who use crypto.
Who’s in the Council?
- Finance Minister (Leader of the Council)
- Head of the State Bank of Pakistan
- Top officials from Law, IT, and Finance sectors
- A Chief Advisor to the Finance Minister
More experts will join the council later.
What Will the Council Do?
1. Create Rules: Develop clear guidelines to make using cryptocurrency easier and safer.
2. Work Globally: Partner with international crypto organizations to adopt best practices.
3. Support Innovation: Help startups, investors, and tech developers grow responsibly.
4. Protect Users: Ensure strong laws and systems are in place to keep people’s money safe.
This move aims to balance innovation in blockchain technology with security for Pakistan’s economy and citizens.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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