Shabbar Zaidi said crypto regulation in Pakistan is difficult under strict forex controls but warned crypto may rival hawala in usage.Former Federal Board of Revenue (FBR) chairman and economist Shabbar Zaidi has warned that cryptocurrencies could rival hawala in usage, even though cryptocurrency regulation in Pakistan remains extremely difficult due to strict foreign exchange controls by the State Bank. Speaking at a session on Adopting Digital Currency and Cryptocurrency in Pakistan: Possibilities and Concerns organized […]
Former Federal Board of Revenue (FBR) chairman and economist Shabbar Zaidi has warned that cryptocurrencies could rival hawala in usage, even though cryptocurrency regulation in Pakistan remains extremely difficult due to strict foreign exchange controls by the State Bank.
