๐ต๐ฐ Pakistan's Crypto Policy โ June 2, 2025: Summary of Impacts
๐งโ๐ป Impact on Traders:
โ Positive:
Legal protection and safer trading.
Easier bank transactions.
โ ๏ธ Negative:
Possible trading tax (e.g., 10%).
Stricter KYC requirements.
๐ผ Impact on Investors:
โ Positive:
Increased confidence, potential for larger investments.
Opportunities for international investments
โ ๏ธ Negative:
Mandatory reporting to FBR.
Surveillance on private wallets (e.g., MetaMask, Trust Wallet).
โ๏ธ Impact on Miners:
โ Positive:
Government provision of electricity for mining.
Legal mining operations and new job opportunities.
โ ๏ธ Negative:
Electricity may become expensive or restricted.
Licensing and regulatory compliance required.
๐ฎ Conclusion:
If the policy is balanced:
โ Pakistan can emerge as a crypto hub.
โ ๏ธ But IMF pressure or heavy taxation could hurt the market.