Bitcoin and other cryptocurrencies were banned in Pakistan, Now according to some sources, the Pakistani government is going to unban crypto including BTC.
What's your analysis? How BTC market will affect by this? is this charming news for crypto lovers from Pakistan?
There are so many small countries around the world where there no legal status of crypto currencies and i think Pakistan is one of them. It does not matter if they ban crypto, it would only create problem for their citizens. there will be no global impact of it on the overall bitcoin market. On the other hand, if china or US announce such ban, that may have an bad affect on bitcoin.