Pakistani authorities reportedly took action to seize bank accounts and cards belonging to cryptocurrency investors.
Pakistani local newspaper Pakistan Observer by December 29 According to the news announced on Pakistan Federal Bureau of Investigation (FIA),Bank accounts of 1,064 people froze. Islamabad law enforcement, Cybercrime Reporting Center (CCRC) acted upon the request.
Authorities account Binance, Coinbase and Coinmama on many cryptocurrency exchanges, including 51 million Pakistani rupees (about $288k) reported that value is used to process the transaction.
Also in the article, Banking Policy and Regulation Department by April 2018After a circular published in State Bank of Pakistan (SBP), prohibits the buying and selling of cryptocurrencies was reminded.
recently published Federation of Pakistan Chambers of Commerce and Industry (FPCCI) According to the report, Pakistani investors 20 billion dollars worth cryptocurrency exists. Nasir Hayat Magoon, Chairman of the FPPCI, in a meeting held last week, the value of digital assets held by Pakistanis, the association’s Policy Advisory Board He said it was based on a study conducted by Also, Pakistan’s regional rival IndiaGiving an example of the steps taken by . to regulate and facilitate called upon to implement a policy.