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Pakistan authorities announced that they are not against virtual assets, and the high court demanded regulations

Pakistan authorities announced that they are not against virtual assets, and the high court demanded regulations

The government of the country recognized it as a new concept. It admitted that it would not oppose investing in virtual assets through the latest financial technologies.

It is important to say that three years ago, financial authorities published a prohibition. So, citizens were not able to utilize digital coins.

The statement comes as the high court of the country has asked the federal government to take virtual coins under total control. They formed a committee to look into the matter in the upcoming months.

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