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Pakistan Plans to Ban Cryptocurrency

The federal government and the state bank of Pakistan have decided on outlawing crypto-assets. So far, there haven’t been any regulations regarding cryptocurrencies...
Pakistan Plans to Ban Cryptocurrency Pakistan Plans to Ban Cryptocurrency

The federal government and the state bank of Pakistan have decided on outlawing crypto-assets. So far, there haven’t been any regulations regarding cryptocurrencies implemented in Pakistan.

As Yahoo reported:

“On October 20, the Sindh High Court told the federal government to regulate cryptocurrencies within three months. The court directed the government to form a committee headed by the federal secretary of finance to determine the legal status of cryptocurrencies. However, the report, requested by the court to the authorities, declared that cryptocurrency cannot be used at all. Cryptocurrencies in the country are now regarded as illegal business since they might be a part of terrorist acts and money laundering.

“I don’t think this means Pakistan has decided to ban it," said Faisal Aftab, a co-founder of Zayn Capital (an investment firm in Pakistan). "I think they are still exploring regulation. The ambiguity is about whether Pakistan will consider cryptocurrencies as an asset. But it’s almost clear that it will not be considered a legal tender."

On the Flipside

  • At least 11 countries, including China and Saudi Arabia, have banned crypto-assets.
  • Pakistani investors have reportedly invested $20 billion in cryptocurrencies, according to Federation of Pakistan Chambers of Commerce and Industry President Nasir Hayat Magoon.

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28-01-2022 14:39:34 (UTC+7)

EUR/USD

1.1145

+0.0002 (+0.02%)

Summary

↑ Sell

Moving Avg:

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Indicators:

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EUR/USD

1.1145

+0.0002 (+0.02%)

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↑ Sell

Moving Avg:

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Sell (6)

GBP/USD

1.3379

-0.0006 (-0.04%)

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Buy

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Buy (6)

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Indicators:

Buy (6)

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USD/JPY

115.24

-0.10 (-0.09%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (8)

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AUD/USD

0.6978

-0.0053 (-0.75%)

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↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

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USD/CAD

1.2792

+0.0052 (+0.41%)

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↑ Buy

Moving Avg:

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Buy (9)

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EUR/JPY

128.43

-0.09 (-0.07%)

Summary

Sell

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Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (4)

EUR/CHF

1.0380

+0.0011 (+0.11%)

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Gold Futures

1,784.10

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Neutral

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Silver Futures

22.262

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Buy

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Copper Futures

4.3072

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Crude Oil WTI Futures

86.70

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Brent Oil Futures

88.42

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Natural Gas Futures

4.647

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US Coffee C Futures

235.85

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Euro Stoxx 50

4,136.91

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S&P 500

4,343.07

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DAX

15,318.95

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FTSE 100

7,466.07

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Hang Seng

23,550.08

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↑ Buy

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Buy (12)

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US Small Cap 2000

1,906.80

-25.43 (-1.32%)

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Neutral

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Buy (3)

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Buy (7)

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IBEX 35

8,609.80

-96.20 (-1.10%)

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Buy (8)

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BASF SE NA O.N.

68.510

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Bayer AG NA

52.83

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Allianz SE VNA O.N.

227.80

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Adidas AG

236.15

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Deutsche Lufthansa AG

6.791

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Buy (11)

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Siemens AG Class N

138.34

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Deutsche Bank AG

11.912

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Summary

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 EUR/USD1.1145↑ Sell
 GBP/USD1.3379Buy
 USD/JPY115.24Neutral
 AUD/USD0.6978↑ Sell
 USD/CAD1.2792↑ Buy
 EUR/JPY128.43Sell
 EUR/CHF1.0380↑ Sell
 Gold1,784.10Neutral
 Silver22.262Buy
 Copper4.3072↑ Buy
 Crude Oil WTI86.70Sell
 Brent Oil88.42Sell
 Natural Gas4.647Buy
 US Coffee C235.85↑ Sell
 Euro Stoxx 504,136.91↑ Buy
 S&P 5004,343.07Sell
 DAX15,318.95Buy
 FTSE 1007,466.07Neutral
 Hang Seng23,550.08↑ Buy
 Small Cap 20001,906.80Neutral
 IBEX 358,609.80↑ Buy
 BASF68.510↑ Buy
 Bayer52.83↑ Buy
 Allianz227.80↑ Buy
 Adidas236.15↑ Buy
 Lufthansa6.791↑ Buy
 Siemens AG138.34↑ Buy
 Deutsche Bank AG11.912↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,170/ 6,230
(0/ 0) # 1,327
SJC HCM6,180/ 6,250
(0/ 0) # 1,344
SJC Hanoi6,180/ 6,252
(0/ 0) # 1,346
SJC Danang6,180/ 6,252
(0/ 0) # 1,346
SJC Nhatrang6,180/ 6,252
(0/ 0) # 1,346
SJC Cantho6,180/ 6,252
(0/ 0) # 1,346
Cập nhật 28-01-2022 14:39:36
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ↀ Giá vàng thế giới
$1,784.86-12.14-0.68%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2486025350
RON 95-II,III
E5 RON 92-II2359024060
DO 0.05S1890019270
DO 0,001S-V1925019630
Dầu hỏa1779018140
ↂ Giá dầu thô thế giới
WTI$86.58+1.681.94%
Brent$89.82+1.181.31%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.470,0022.780,00
EUR24.449,3926.003,22
GBP29.369,5930.841,11
JPY189,35201,87
KRW16,1119,77
Cập nhật lúc 18:50:56 28/01/2022
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