šØ Big News: Pakistan Moves Toward Crypto Legalization! š
The State Bank of Pakistan (SBP) is taking bold steps to bring cryptocurrencies into the legal fold and is also working on launching its own digital currency!
š„ Whatās Happening: š¹ Cryptos could soon be officially recognized in Pakistan. š¹ The SBP is developing its own Central Bank Digital Currency (CBDC), aka the Digital Rupee. š¹ New rules could come with heavy penalties for unauthorized crypto issuers.
š” Why It Matters: If this goes through, it could change Pakistan's financial landscape and speed up crypto adoption across the country.
What do you think? Will Pakistan embrace crypto as the future of finance? Share your thoughts below!