In April 2018, the State Bank of Pakistan banned all Cryptocurrencies. They ordered all banks and monetary service providers to block all transactions of Cryptocurrency. So it’s not legal to shop for Bitcoins in Pakistan but still, people are investing in cryptocurrencies. But, investing in cryptocurrencies isn’t risk-free and you’ll get caught if you’re trading Bitcoin in Pakistan.
After the ban on Cryptocurrency, there’s no legal exchange system in Pakistan and people doing Bitcoin trading via cash. So if you’re trading Bitcoin or the other cryptocurrency in Pakistan then there’s an opportunity Federal Investigating Agency (FIA) will catch you. So consider this risk before buying or selling cryptocurrencies in Pakistan.
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