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Cryptocurrency trading and it other activities are said not to be legal in Pakistan , this has made some of the citizens to quit their jobs and dive to cryptocurrencies Investment.
The government of Pakistan is not seeing anything bad in people finding their means of livelihood from cryptocurrencies but the global money-laundering watchdog, the Financial Action Task Force (FATF), has shown interest in the rising crypto activities in the country. This has made the government of Pakistan to set up a committee to study crypto regulations so far. The committee includes observers from the FATF, federal ministers, and heads of the country's intelligence agencies.
The government of Pakistan is not seeing anything bad in people finding their means of livelihood from cryptocurrencies but the global money-laundering watchdog, the Financial Action Task Force (FATF), has shown interest in the rising crypto activities in the country. This has made the government of Pakistan to set up a committee to study crypto regulations so far. The committee includes observers from the FATF, federal ministers, and heads of the country's intelligence agencies.