I just found this global bitcoin adoption country list rankings in 2022. Happy to see that Pakistan is listed at the Number 6 position. Although the legal status area is grey if you ask about the adoption at the government level, but our youth is very much involved in bitcoin.
Look like the government changes in Paksitan in last few months have not been good for the crypto adotption in our country. The minister of state Aisha Pasha has stated in here that
Cryptocurrencies in Pakistan willl never be legalized.
Well, she will not going to remain the finance minister forever and the stance can be changed with the passage of time but right now it seems that Pakistan will ban crypto from thier country and they will do it by banning the crypto apps through the Internet.
The Senate’s Standing Committee on Finance has decided to ban cryptocurrency services in Pakistan from the country’s Internet.
Maybe they do not know that crypto sites can be opened through VPN but by declaring it illegal and banning it, may spread disappointed amoung the crypto investors and they may start to think in investing in something other than crypto.
There are a lot of bans in Russia, and even this forum is banned, so everyone uses VPN, and our community is big. Cryptocurrencies are not prohibited, but they will not be allowed either, and this does not stop anyone from investing and gaining knowledge.
Cryptocurrency is a global trend of the last decade, and you need to invest only in such trends if you want to make good money.
Prohibitions are also different, and the main thing is not to leave your data on centralized services.
