It has almost become the new normal for banks to take a rather aggressive stance toward cryptocurrencies. That will not surprise anyone, although it is quite rare to hear Pakistan’s State Bank weigh in on these discussions. Although it is just a warning for the time being, it is possible we may see an official ban imposed on cryptocurrency purchases in the near future. Pakistan State Bank Isn’t Keen on Cryptocurrency Most financial institutions around the world have taken a negative stance toward Bitcoin and other cryptocurrencies. This is not entirely surprising, considering that this new form of money threatens the business models
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