Pakistan Suspends Cryptocurrency Services, Declares Permanent Ban

The Pakistani government has announced a decision to suspend all types of cryptocurrency services available in the country. Finance and Revenue Minister Aisha Ghaus Pasha, in a speech to members of parliament, said cryptocurrency "will never be legalized in Pakistan." ...

Pakistan Banking Association and Avanza Group collaborate on eKYC blockchain platform

The PBA and Avanza Group have collaborated to establish a groundbreaking blockchain-based eKYC banking data exchange platform. Under the guidance of the State Bank of Pakistan, the PBA will oversee the project, with the ultimate goal of enhancing anti-money laundering and terrorist financing meas ...