Crypto
Pakistan to “Legalize” Cryptocurrency Transactions, But More Clarity Needed to Move Forward
Pakistan’s recent decision to “legalize” cryptocurrency transactions and investments marks a pivot from its historically cautious stance on digital assets. However, it is unclear just how the country will implement a proper regulatory framework for Bitcoin (BTC) and other digital currencies. Over the years, Pakistan has made many different announcements, but concrete, decisive action has not been taken. This move—coupled with the formation of the Pakistan Crypto Council (PCC)—aims to integrate blockchain and digital currencies