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 crypto banned in Pakistan? A committee headed by Sima Kamil, the deputy governor of the State Bank of Pakistan (SBP), its central bank, has proposed to ban the use of cryptocurrencies in the country.
Is crypto halal? All cryptos are neither halal nor haram.
Are Bitcoins halal? Mufti Muhammad Abu-Bakar
According to him, bitcoin is halal as it is a store of value that people accept. It is available on exchanges, and it acts as a tool of transaction between people and businesses. As long as a currency is legal in a country, Islam accepts it too, according to him.