Pakistan is implementing new cryptocurrency regulations in an effort to improve its track record fighting financial crime, English-language Pakistani news outlet The Express Tribune reported on April 1.

Pakistan, which is seeking to reduce perceived levels of crime such as money laundering and terrorist financing, will now introduce a licensing scheme for electronic money institutions. According to Pakistani news outlet Dunya News, cryptocurrency trading has been banned in the country since April last year.

“These regulations will help combating money laundering and terrorism financing while it will also help regulation of digital currency throughout the country,” The Express Tribune quoted unnamed sources as saying about the new initiative, whose specifics are vague.

A ceremony related to the regulations’ introduction will take place at the offices of Pakistan’s central bank, the State Bank of Pakistan, on Monday, attended by federal minister for finance Asad Umar and the bank’s governor, Tariq Bajwa.

According to the sources, the move was in part a reaction to demands from international monitoring body the Finance Action Task Force (FATF), which has repeatedly voiced concerns about cryptocurrencies’ role in terrorist financing.

In February, the FATF further noted that Pakistan had made insufficient progress with an action plan for combating the phenomenon in general.

“Given the limited progress on action plan items [...] the FATF urges Pakistan to swiftly complete its action plan, particularly those with timelines of May 2019,” Reuters quoted a statement as saying.

Last week meanwhile, Pakistan’s finance regulator, the Securities and Exchange Commission (SECP), announced it was taking action against nine companies accused of using cryptocurrency as part of illegal operations.

“Such schemes, offering hefty profits and incentives can deprive the unsuspecting public of their hard-earned money who fall prey to the inducements,” an accompanying statement read. It continued:

Distribution Activity#2
[Items Purchased and Distributed]  

How is everyone doing?  

Upon asking, minerjones released funds to my wallet for distribution of rashan to 8 more families.

I requested 0.01332BTC to my this [wallet] Here is. [TX] for 8 families' food items.    

Total 8 families   Per family cost 2,500 pkr      Total 20,000 Pkr    0.01332 BTC [11 May 2020] Current rate [using preev: http://preev.com/btc/pkr]

Where we have purchased items for 22 families as I fund from other sources too and distributed to deserving families.

| |
| |
| |
 

Jawab Hazir hay Janab. (on their behalf)


Kion aik line mein kia probelm hay. Post tu Post hoti hay chayee aik line ki ho ya aik word ki  



Hum merits chatay hein  



Humara thread humari marzi  



Maqsad apun ka aik hy, Apun ko merit chayee bus aur bounties kay token


Agar Urdu mein lekh saktay hotay (ya constrictive Posts ker saktay hotey) tu yahaan p hotay ?  

Government gambling p tu tax laga hi ni sakthi kion k Gambling is not legal in the country. If they start to impose tax on it then people will say that government is making gambling legal which is actually haram in Islam.

Thanks so much irfan_pak10 , your updates help a lot for translators and future projects. Can you update Telegram ID? That makes communication with the translators more profitable.

3dOOm had a miscalculation while entering the timestamp  .

Thank you Cyrus for making this fun ride.

mprep the bot with fast hands  
 
Welsh who tried to emulate the bot  

irfan_pak10 thanks for taking my bet as well as adding coins to the prize pool  .

BitCryptex congrats on winning the timestamp bet.

And finally thank you so much to each and everyone who made the fun ride and the fun conversations.

Now watching achow101 in action  .

Bhai bonti bitcointalk merit lene ke liye kya karna hai thoda bataiye please

Here you go:
Address: 1irfanh4sCHNQGyJmo4REx2RohiT2DtPH
PrivkeyPart: 5KepLnZ1EnUjsDc9v79ngcDULGomN1XBpeDMi9Pp1NwMreHHsYC

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

April 13 2020 minerjones providing donation addresses for fund raising thread run by

user irfan_pak10
BTC: 3QKLyiGvwUgSeCJcKKQnmvW6XsB1fbFBjM
LTC: MTdonmhzvNwhxSTg7yQjV92Yz3EEAycgj9
BCH: qrds3ct02l5vxd39pkzr0x0rh3ylkyz8esttdnjvc7
ETH: 0xe39Ac15001147271520c817aa855241d4Ec77486
-----BEGIN PGP SIGNATURE-----
Version: Keybase OpenPGP v2.1.13
Comment: https://keybase.io/crypto

wsBcBAABCgAGBQJelIgmAAoJEIRUCAKscQ+OeBgIAIlYVcYzEajEHQMV2SnORu9U
ucnAeWcBeLw8+h07cjyTLHKsizcu2H67xCDOLSVLfE8YpoH/EdePI06QtTercE+U
ZDRvCcCDJ/g+GNaya8dcFxvL5x7ZMLIekjtoPStugsJb1RMdRYZqKXLJmekH+1uj
7L/mDHA3H7PYLXew1NUunZDNndEl3HS1TqMPoF5lyF50h8AHDVDhTrI8xOGN7FUa
5rFhoh04bX3snGj/RMIwlauPT3xp8PIQin9qLZbUXq1ILlk2RX57TpN3LtFBgbe4
DCYmDPUGITAG7W61txpXx0TC0rYZQG4YMlPzcljRYuvuarcLBGGYYHMzOj85HV0=
=u31f
-----END PGP SIGNATURE-----