February 23, 2026

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Opinion: Pakistan Made a Big Mistake by Banning Cryptocurrencies and ICOs

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Opinion: Pakistan Made a Big Mistake by Banning Cryptocurrencies and ICOs

State Bank of Pakistan, the country’s central bank, has recently banned cryptocurrency trading and initial coin offerings (ICOs). The rash decision of the bank could become a major mistake for Pakistan’s economy moving forward. Mistake Throughout 2018, many of the major economies internationally including South Korea, Japan, and the US have embraced the cryptocurrency market.

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