Great news for Pakistanis

Pakistan has issued NOCs to Binance and HTX

Now Pakistanis will be able to buy crypto directly in rupees through JazzCash, Easypaisa, and bank transfers. There will be no need to pay any intermediaries (P2P persons) or high fees.

Until now, if money came into a bank account from crypto, the account would get frozen or the FIA would send notices. Now that major exchanges like Binance and HTX have received NOCs, this risk will be almost eliminated.

Crypto can now be sold directly into Pakistani bank accounts without any fear. Until now, many people faced losses of 8-12% on P2P.

And they will be able to convert dollars from Upwork and Fiverr directly into rupees in Pakistan. The 3-5% fee from Payoneer will be saved, and the money will arrive in the account within 5-10 minutes.

Now an ordinary person will also be able to easily invest in Bitcoin, Ethereum, Solana, etc. There is a greater chance of return compared to the stock market.

If relatives abroad send crypto, the fee will be 1-2% to reach Pakistan (compared to 8-12% via Western Union).

Crypto companies, trading platforms, blockchain startups will come to Pakistan. Thousands of new jobs (developers, support, compliance, etc.) will be created.

When people buy crypto from abroad, dollars will flow into Pakistan, and foreign exchange reserves will improve.

#Binance #crypto #cryptocurrency #htx

#pakistani #karachi #Peshawar #quetta $BTC $SOL #KPK

#Pakistan #PakistanZindabad #lahore #Multan #Rawalpindi #islamabad