Pakistan Announces New Ban on Crypto, But Adoption as a Hedge Remains Popular

Dawn newspaper of Pakistan on April 30, 2023 informed of That banks have formally warned customers against using debit or credit cards for crypto trading. But Don also noted that the popularity of cryptocurrencies is on the rise in the country as the annual trade volume for the Pakistan-based wallet has increased from $18 billion to $20 billion, according to Zeeshan Ahmed, country general manager at Rain. A Gulf-based trading platform for financials, cryptocurrencies.