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Pakistan Announces Plan to Regulate Cryptocurrency The Government of Pakistan has created a new group called the Pakistan Crypto Council to manage cryptocurrency-related matters. This council will work on setting rules, encouraging safe innovation, and protecting people who use crypto. Who’s in the Council? - Finance Minister (Leader of the Council) - Head of the State Bank of Pakistan - Top officials from Law, IT, and Finance sectors - A Chief Advisor to the Finance Minister More experts will join the council later. What Will the Council Do? 1. Create Rules: Develop clear guidelines to make using cryptocurrency easier and safer. 2. Work Globally: Partner with international crypto organizations to adopt best practices. 3. Support Innovation: Help startups, investors, and tech developers grow responsibly. 4. Protect Users: Ensure strong laws and systems are in place to keep people’s money safe. This move aims to balance innovation in blockchain technology with security for Pakistan’s economy and citizens. #Binance #pakistanicrypto
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