Pakistan plans National Crypto Council to regulate digital currencies

Pakistan is moving towards regulating digital assets by considering the establishment of a National Crypto Council, following IMF recommendations to expand its tax net to include cryptocurrencies. This initiative aims to address regulatory challenges and enhance the digital asset ecosystem, with over 20 million active crypto users facing high transaction fees and uncertainty. Legalizing crypto could significantly boost Binance adoption, benefiting P2P traders and the broader economy.

read more