Decision taken by
pakistan that
india cannot take..?
With the accumulation of huge investment in cryptocurrency in
india, the
government of
india has given a disciplinary plan to prevent this. But neighboring country
pakistan has decided to ban cryptocurrency due to its accumulation of huge black money and its inability to create regulatory restrictions.
pakistan has planned to ban and stop all cryptocurrency use, according to a report submitted to the Sindh
high court on Wednesday.
Pakistan's
news channel has said that the
state bank of
pakistan and also the
government of
pakistan have decided to ban and stop all cryptocurrencies.
pakistan is said to be dominated by black money crocodiles due to the lack of laws and regulations to regulate the use of cryptocurrencies for trade.
A few weeks ago, Pakistan's Federal Investigation Agency sent a notice to Finance, a cryptocurrency exchange, alleging fraud worth about $ 100 million. The
people of
pakistan have invested about the US $ 50 million in cryptocurrency in the last 6 months. This large $ 50 million investment has been invested by approximately 1064
people in 2923 transactions through private
banking and foreign trading platforms. This move was done by
pakistan which is not done by India.