Pakistan Digital Assets Legal Framework: SBP Proposes Cryptocurrency Legalization

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Pakistan Digital Assets Legal Framework: SBP Proposes Cryptocurrency Legalization - BitcoinWorld

Quick Summary:

Pakistan’s Digital Assets Legal Framework The State Bank of Pakistan (SBP) recently introduced a groundbreaking proposal on November 4, 2024, aiming to legalize digital assets in Pakistan.

To ensure a secure and transparent financial environment, the State Bank of Pakistan has included strict penalties for unauthorized issuers of digital currency.

By legalizing digital assets, Pakistan could attract local and international investors seeking a stable environment for cryptocurrency and blockchain-based businesses.