CURRENT SITUATION OF CRYPTO IN PAKISTAN
CURRENT SITUATION OF CRYPTO IN PAKISTAN In Pakistan's ongoing discussion on its economy, the crypto realm appears to be a nebulous topic. A layperson has a difficult time understanding how blockchain technology works, and it would appear that the nation is still not prepared for the much-touted digital revolution. Yet, statistical data indicates an absolutely perverse way. It is estimated that 4.1% of Pakistanis, or approximately nine million people, hold some type of cryptocurrency in their possession. Given these trends, it's safe to assume that there is a sizable community of crypto enthusiasts. Nevertheless, Pakistan's regulatory system is still lagging behind in terms of being able to tolerate any changes to the status quo. Possible Consequences of Cryptocurrency Legitimization in Pakistan: At the very least to some degree, each and every one of the concerns is warranted. Price volatility is endemic to cryptocurrencies and has the potential to overnight destroy any r
