#pakiatan Pakistan is making a big new rule about cryptocurrency (like Bitcoin).
Think of it like this: Before this, crypto companies were working in a sort of "gray area" – it wasn't really official.
Now, the government is saying: "Okay, global crypto companies (like big exchanges), you can now officially apply for a permission slip (license) to operate in Pakistan."
Why are they doing this?
1. Safety First: They want to protect people from scams and fraud. By having rules, the government can keep an eye on these companies to make sure they are playing fair.
2. Following the Rules: They want to create clear rules, similar to how countries like the US and UK handle crypto. This means things like checking users' identities to prevent money laundering.
3. Bringing Crypto into the Light: Instead of trying to ban crypto, they are bringing it into the official system. This can make investing safer for regular people and could attract international business and money to Pakistan.
In short: Pakistan is opening its doors to crypto, but with rules to keep everyone safe, just like the big countries do. It's a big step towards making crypto a normal, regulated part of the economy. 🚀
#BNBBreaksATH #BNBBreaksATH #BitcoinETFMajorInflows