Pakistan warms up to digital assets with new bill

Quick Summary:

The new State Bank of Pakistan Act allows the top bank to issue a CBDC and legalizes digital currencies, but it is vague whether public digital assets are legal.

The post Pakistan warms up to digital assets with new bill appeared first on CoinGeek.

Local daily Express Tribune, citing sources within the government, reported that the bill has been forwarded to the federal cabinet for vetting, after which it will be sent to parliament for ultimate approval.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaIndiaPakistan

Topics: Regulation Finance Central Bank Digital Currency State Bank of Pakistan

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 06:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 534 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23598776

View Article Analysis

About CoinGeek

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 2 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 14 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

Publisher Details

Frequently Asked Questions