state bank of pakistan can ban all the crypto currencies from Pakistan .

in #crypto6 years ago

today is not a good day for Pakistani crypto lovers because state bank of Pakistan bans  all type of virtual currencies from Pakistan.from know we all are also lost one of the best pakistani crypto exchange urdubit.and from now the following message will shown on his front page.

               

 the SBP said tht the virtual currencies like botcoin,litecoin,pakcoin,onecoin,dashcoin,and many other ICOs  are not a liggel tender,issued or guaranteed by the pakistani government.

And on this state bank of pakistan state that  

“The SBP has not authorised or licensed any individual or entity for the issuance, sale, purchase, exchange or investment in any such virtual currencies/coins/tokens in Pakistan,” it said in the statement.

                                      

“All banks, development financial institutions, microfinance banks and payment system operators, payment service providers are advised to refrain from processing, using, trading, holding, transferring value, promoting and investing in virtual currencies/tokens. 
 “Further, they will not facilitate their customers/account holders to transact in VCs/ICO Tokens. Any transaction in this regard shall immediately be reported to the Financial Monitoring Unit (FMU) as a suspicious transaction,” added the SBP in the statement. 

http://www.sbp.org.pk/warnings/pdf/2018/PBNT-VC.pdf

all this image that are shown in my post can be screenshot by differant websit homepage.

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