⚡️ LATEST: Pakistan reverses crypto banking ban 🏦 $EUL
What is happening?
• Banks now allowed to serve licensed crypto firms $GLMR
• Reverses 2018 restriction
• Move toward regulated digital asset framework $KSM
• Focus on compliant industry growth
What this suggests:
• Major policy shift from restriction → regulation
• Banking rails opening for crypto industry
• Potential inflow of institutional and retail activity
Context:
• Banking access is critical for exchange liquidity and on/off ramps
• Similar shifts seen in other emerging markets recently
📊 Market takeaway:
Bullish for adoption. Restoring banking access is one of the strongest regulatory signals for crypto market expansion in a country.