When I first heard about crypto in Pakistan, it always felt confusing. People said it was âillegal,â banks refused to deal with it, and honestly, it looked risky. The State Bank had even issued advisories telling banks to stay away from virtual currencies.đč
đBut now things are finally changing. Recently, the State Bank and government authorities started working on a proper regulatory framework. Instead of a complete ban, they are planning to license exchanges and create a local authority for virtual assets. This means crypto wonât be treated as a âcrimeâ anymore, but as a regulated industry.$ETH
Of course, it doesnât mean Bitcoin is now âlegal tenderâ in Pakistan, but it does mean people can trade and invest in a safer way under the law. For youth like us, this is a big opportunity â new jobs, fintech startups, and global investment can come in.
Still, I think we should stay careful. The market is risky, and just because itâs becoming legal doesnât mean profits are guaranteed. But one thing is clear: the crypto scene in Pakistan is finally moving from a shadow activity to a recognized industry
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