Pakistan crypto oversight concerns intensify
Pakistan has become one of the top countries for crypto adoption, with small investors holding an estimated tens of billions of dollars in digital assets and much trading happening on unregulated peer‑to‑peer platforms without KYC checks. This raises serious concerns about money moving outside the formal system, potential money laundering and terror financing risks, and renewed scrutiny from global watchdogs, while Pakistan’s newly formed crypto regulators are still in the early stages of issuing detailed rules and licensing service providers.
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