📢 PAKISTAN LIFTS 8-YEAR CRYPTO BAN! 🇵🇰⚡️
The State Bank of Pakistan (SBP) has officially revoked the ban imposed since 2018, allowing banks and financial institutions to provide services to licensed Virtual Asset Service Providers (VASPs) registered under PVARA 📜✅
Key Rules:
🏦 Banks act only as financial infrastructure providers — strictly prohibited from investing customer funds or holding crypto themselves
🔒 Full compliance with AML/CFT regulations required
💱 Client funds must be held in separate PKR accounts, non-interest bearing
Massive Market Potential! 📈
Already home to 27 million crypto users with a market value estimated at $18–20 Billion. A major shift from total prohibition to formal regulation — very bullish news for the industry! 🚀