Search
Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency
29.4.2024
Pakistan's plans for a central bank digital currency gained fresh momentum on Sunday, with finance minister Muhammad Aurangzeb raising the debate again.
The post Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency appeared first on Cryptonews
Pakistan Faces IMF Pressure to Tax Crypto and Real Estate
18.3.2024
The International Monetary Fund (IMF) has stipulated that Pakistan's Federal Board of Revenue (FBR) must levy a capital gains tax (CGT) on cryptocurrency investments
The post Pakistan Faces IMF Pressure to Tax Crypto and Real Estate appeared first on Cryptonews
Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request
20.6.2023
In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to address U.S. dollar liquidity challenges. Recent sources now reveal that Bangladesh is welcoming a formal invitation to join the BRICS bloc. Speaking...
Today in Crypto: Crypto Hacks Drop 70% in Q1 2023, Binance CSO Said Reuters' 'Weak' Article is Filled with Conspiracy Theories, Solana Integrates AI with a ChatGPT Plugin
24.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Crypto Hacks Drop 70% in Q1 2023, Binance CSO Said Reuters' 'Weak' Article is Filled with Conspiracy...
FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List'
24.5.2023
The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to conditions set by the watchdog
Pakistan aims to produce 1 million AI-trained IT graduates by 2027
24.5.2023
The policy framework showcases Pakistan’s willingness to integrate AI for public and national betterment. The country has set 15 targets with timelines ranging from 2023 to 2028
Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular
18.5.2023
Pakistan's government has hardened its stance against cryptocurrencies, with Minister of State for Finance and Revenue Aisha Ghaus Pasha saying they will “never be legalized in Pakistan.”
Pakistan Finance Minister Says Country Will Never Legalize Crypto, Cites FATF Regulations
18.5.2023
Pakistan Finance Minister has said the country will not legalize crypto trading, citing regulations by the Financial Action Task Force (FATF).
On Wednesday, Pakistan Minister of State for Finance Aisha Ghaus said the government cannot permit crypto trading because of the country's recent exit from...
Pakistan to Ban Online Services Related to Cryptocurrencies
18.5.2023
Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the legalization of cryptocurrencies like bitcoin. Crypto ‘Will Never...
Pakistani finance minister says crypto will never be legal because of FATF
17.5.2023
Pakistan was taken off the FATF gray list in October, and it has good reasons to want to stay in international good graces
Tucker Carlson Blames Recent De-Dollarization Movements on Russian Sanctions and US Dollar Weaponization
8.4.2023
Tucker Carlson, host of Fox News and the “Tucker Carlson Tonight” show, analyzed the situation surrounding de-dollarization movements that countries like China and Russia have promoted recently. Carlson stated that sanctions on Russia and the weaponization of the U.S. dollar are partly...
Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks' Association to Develop a Blockchain-based KYC Platform
6.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks'...
Pakistan banks agree on blockchain-based KYC system development
6.3.2023
The blockchain-based national eKYC banking platform is aimed at strengthening anti-money laundering (AML) capabilities while countering terror financing
Pakistan Banks to Use Blockchain Technology for KYC
6.3.2023
Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the personal information of customers through what they describe as a decentralized and self-regulated...
Pakistan launches new laws to expedite CBDC launch by 2025
5.12.2022
The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years
Pakistani Politician Imran Khan’s Instagram Account Used to Promote Crypto Giveaway Scam
2.8.2022
Imran Khan, a former prime minister of Pakistan and current chairman of one of the largest political parties in the country, has confirmed that his Instagram account was compromised and hackers used it to promote a cryptocurrency giveaway scam. Imran Khan’s Instagram Account Hacked, Used...
A Newly Published Book Claims to Tell the ‘Real Story Behind Mysterious Bitcoin Creator’
5.6.2022
During the last 13 years, a great number of individuals have claimed to be the inventor of Bitcoin, but no single person has been able to prove this to the greater crypto community. At the end of August 2019, a marketing and public relations (PR) agency published a press release that featured a...
Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions
20.5.2022
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Tax An executive with a Pakistani cryptocurrency exchange has said Islamabad can generate at least...
Pakistan Forms Committees to Decide Whether Crypto Should Be Legalized or Banned
4.5.2022
The Pakistani government has formed three committees to decide whether to establish a legal framework for cryptocurrency or ban it. The committees will review all aspects of the cryptocurrency business and come up with recommendations on the country’s crypto policy. Committees Constituted...
Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit
21.3.2022
A former reality TV host with millions of followers on YouTube became one of Pakistan's biggest crypto proponents, and hopes to help his country shine again