🇵🇰 Pakistan Stands Firm Crypto Still Banned as Lawmakers Demand Clarity
The National Assembly’s Finance Committee was informed that cryp_to remains 🚫 illegal in Pakistan, with no parliamentary nod for its use.
⚖️ Despite the ban, a crypto task force has been formed to explore potential regulations.
🔍 Agencies like FIA and FMU are actively monitoring crypto transactions, and investigations are underway.
⚡ Lawmakers raised serious concerns over 2,000MW power being allocated for crypto mining while industries struggle with shortages.
💸 Questions were also raised on the potential impact of crypto on money laundering, terror financing, and the growing circular debt.
📢 The committee plans to summon key stakeholders for a detailed briefing on crypto policy and energy allocations.
