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Pakistan Central Bank Bans Banks from Cryptocurrency, ICO Transactions

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Pakistan Central Bank Bans Banks from Cryptocurrency, ICO Transactions

Pakistan’s central bank has told banks and other financial services providers not to support virtual currency transactions. The State Bank of Pakistan (SBP) advised the general public in a statement on its website and in a tweet that it regulates both domestic and international payment and money transfer services.   Pakistan’s announcement on Friday follows

The post Pakistan Central Bank Bans Banks from Cryptocurrency, ICO Transactions appeared first on CCN

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