Crypto is no doubt one of the best solutions for the financial support and people are earning with it all way. Unfortunately, we came to hear a bad news about crypto in Pakistan which is the impose of ban of crypto. This really shakes every Pakistani because Millions of dollars are invested in crypto which is really a huge amount.
This news was officially announced by SBP that Crypto will not be legalized in Pakistan and we have started work to close all crypto applications. State bank and IT minister stated that they are closing all the services of Crypto Inside Pakistan which is really disappointing.
Crypto users in Pakistan are fully angry and they are not accepting this ban on crypto. They are saying that thousands of people will be unemployed and will be jobless. Because people are really earning from crypto industry to run their life.
They crypto buy and sell will not be allowed in Pakistan and who disobey the rule will be punished. FIA has accordingly started work to trace all those accounts who are using crypto and this medium for the buy and sell of goods and other products.
A CONTROVERSIAL DECISION SHAKING THE FINANCIAL LANDSCAPE
Crypto users are fully confused about their holdings and assets whether to withdraw or to wait for the next act. Just like me I am also confused about my hive withdraw and what will happen if I withdraw my money through proper channel that is bank.
It really makes me confuse whether to use my Binance account for the withdrawal and deposit purpose. I am thinking to find any friend outside the country to transfer my asset in his binance account and later he transfer me that money via remittance.
This is really a worrying situation all over Pakistan for the crypto users and what to do next we dont know? People are asking questions how to access crypto after ban in Pakistan. They are worried about how to generate income to run their monthly expense.
This is really a stubborn decision took by Pakistani minister of Finance and revenue. They are very non-sense and dont even know that use of crypto currency is full in benefit of the country. What users earn from crypto and what they withdraw are in the form of Pakistani ruppee which will surely benefit Pakistan economy and will strengthen Rupee.
The decision to ban cryptocurrencies in Pakistan is disappointing and unfortunate. The government should reconsider its stance and allow its citizens to benefit from this modern technology. Else crimes and other corruption will increase in the country because these people who get unemployed wants to earn in either of way.
What do you people think isn't that foolish decision of ban in Pakistan? Will you people will raise voice in favor of Crypto in Pakistan to show support with Pakistani people who are in favor of crypto. Will be glad to see your answers in the comment below.
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NOTE: IMAGES ARE TAKEN FROM CANVA.
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