Is crypto mining banned in Pakistan? Pakistan’s biggest allies and trading partners including China and Saudi Arabia have also banned crypto.
Is it legal to buy cryptocurrency in Pakistan? In April 2018, the State Bank of Pakistan (SBP) declared that cryptocurrencies are not legal and not recognised, issued or guaranteed by the government. Earlier this year, the Sindh High Court, federal government and the State Bank of Pakistan recommended a complete ban on cryptos.
Is blockchain illegal in Pakistan? “The deployment of the blockchain technology, however, does not mean Pakistan has allowed international financial transactions in bitcoin and cryptocurrencies, which remain banned in the country,” State Bank of Pakistan (SBP) spokesman Abid Qamar told The Express Tribune.
Is mining crypto halal? The use of crypto assets as a currency is forbidden for Muslims, according to Indonesia’s council of religious leaders.