Government intends to regularize cryptocurrency.. Assalam o alaikum Dear Readers!! There were a lot of rumours that binance are being banned in Pakistan and cryptocurrency is being banned. Even some of my cousins discussed it. The debate lasted for two hours. So today I just shared yesterday's breaking news which convinced everyone that they were just rumours. Today I share some knowledge about crypto currency in Pakistan. A few days ago it was said that a Blockchain would be submitted in Islamabad (capital of Pakistan) in which federal minister Shibli Faraz Ahmed will speech. So he spoke yesterday and there has been a lot of interesting development in speech. Yesterday he did some very important things that I want to share with you. ****Minister of science and technology Shibli Faraz said that Government intends to regularize crypto currency in the country****. He has said this very well. Because they know the importance of cryptocurrency. He could also say that cryptocurrency can be banned. But he didn't say that. And that's the good news for Pakistan. So, it's confirmed that cryptocurrency is not being banned in Pakistan. ****He also said that mostly people have no knowledge about cryptocurrency. He have no proper plannings about cryptocurrency therefore government control is essential for prevention from lose and ensuring transparency in it******.** He is right when he says that mostly people invest when they see others at a profit without thinking about it. Inspired by others, mostly people invest without thinking. People get so mad at profits that they don't even think that the company they are investing in is a fraud or not. What is cryptocurrency? We must first learn this.Then we take step forward. Now there even classes on YouTube about cryptocurrency. Get to know it before investing in anything. ****He also said that banks also saving eight to ten billion rupees annually by block chain.**** He says that even if the banks want, they can save Eight to Ten billion annually. Our traditional transaction system is also a time taking and transaction fee is quite high. So if this is shifted to Blockchain technology then there is no transaction fee or minimum transaction fee required. So this is kind of hope for us. ***I think it's enough for today. Btw I haven't invested yet so first I will take classes and then I will do something, because I have no more knowledge about cryptocurrency. Anyways guys, thank you for your time. I really appreciated. I hope guys you like to read it. And I hope you spend your day with full of happiness and prosperity. Don't forget to help others because this act makes your day peaceful. Happy Thursday lovely folks.*** ***Plagiarism***: This article written by me and yeah it's 90% unique. `Also check the articles of my beautiful sponsors. You must learn and gain some knowledge from their articles. Thank you so much my dear readers and sponsors. You encourage me to stay here and write articles.` Stay happy, stay safe and stay healthy. Have a blessed day. Peace ...
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6 comments
I do hope you'd take your time to read about cryptocurrency very well, I'd be glad to hear from you after you've learnt more. Happy learning!
I hope too. Thank your for passing my post. :)
Yha your right maybe its time to look on the bright side of the crypto currency by all the government in the world, not just the money that we have in our hands everyday but also the crypto coins that we have, not all are practicing the payment of crypto in some grocery store hope one day we can buy food by paying crypto coins 😜 have a nice day friend 😊
Haha I think it's too far, when we buy food with crypto coins. But everything is possible in this world. Have a nice day to dear.
It's really a bad news if the government stop running cryptocurrency. I always tell my dad that the government is supporting this system, so he will approve if we invest haha
I hope our government will support this system more and more.