Pakistan allows banks to serve licensed crypto firms after years-long ban

Pakistan allows banks to serve licensed crypto firms after years-long ban

0.91%TRX$0.3217 0.15%LINK$9.13 0.37%ADA$0.2416 0.70%BCH$435.58 0.87%XRP$1.36 0.43%ETH$2,335 1.60%BTC$74,177 0.26%XMR$340.81 2.71%BNB$619.83 0.50%XLM$0.157 0.66%SOL$83.54 2.70%HYPE$44.23 1.28%USD Written by Christina Comben,Staff EditorReviewed by Bryan O'Shea,Staff EditorPakistan allows banks to serve licensed crypto firms after years-long ban1 hour agoPakistan’s central bank has allowed banks to open accounts for licensed virtual asset service providers, ending years of restrictions and marking a shift toward a regulated framework. Pakistan’s central bank has allowed banks to open accounts for licensed virtual asset service providers (VASPs) and their customers, replacing an eight-year-old prohibition on dealing in virtual currencies. In a circular dated April 14, the State Bank of Pakistan (SBP) said regulated entities may open bank accounts for entities licensed by the Pakistan Virtua

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