Pakistan News » Islamabad News Pakistan » Islamabad » Cryptocurrencies: Pakistan's biggest crypto push under threat? Top cleric declares Bitcoin 'haram', sparks selloff
Pakistan has increasingly promoted blockchain technology and regulated digital assets as part of its efforts to modernise its financial system. (Representational Image) Influential scholar Mufti ...
News Pakistan » Islamabad » Cryptocurrencies: Pakistan's cryptocurrency aspirations stalled by religious ruling
Pakistan's ambitions in the cryptocurrency sector have encountered an unforeseen obstacle, not due to market fluctuations or regulatory issues, but because of a fatwa. As Islamabad aimed to establish ...
News Pakistan » Islamabad » Cryptocurrencies: Pakistan bets big on Bitcoin, but will it deliver?
Countries with a state-backed Bitcoin reserve enjoy manifold advantages. The reserve will allow Islamabad to diversify its wealth by holding some of its money as Bitcoin, ensuring monetary sovereignty ...
News Pakistan » Islamabad » Cryptocurrencies: Pakistan's crypto push clouded by Islamic edict, regulator asks for clarification
KARACHI, July 15 (Reuters) - Pakistan's virtual assets regulator has asked the country's top Islamic seminary to draw a distinction between speculative cryptocurrencies and asset-backed digital tokens ...
News Pakistan » Islamabad » Cryptocurrencies: Pakistan moves to regulate cryptocurrency, CBDCs as legal tender
The proposed amendments would allow for sweeping changes to the country’s financial sector. The State Bank of Pakistan (SBP) announced a package of policy proposals on Nov. 4 that, if accepted, would ...