pakistanlegalcypto

$BNB is turning bullish in 1 hour time frame but please think carefully before trading or if BTC turns green then BNB will go above $920 and my view may be like this because BTC will go up BNB may make money do you think so do your analysis

Spot Only • Halal • Safe Trading

🚨Notes:
📢 Signal not guaranteed.❌
📢 Trade Only with Analysis.🧠
📢 In Trading Profit & loss possible.🤷
📢 Only risk as much as you can afford.✔️
#BNB_Market_Update #BTCVSGOLD #WriteToEarnUpgrade #pakistanlegalcypto

🚨 Big Move by SBP! Pakistan set to legalize Virtual Assets 📈 and launch its own Central Bank Digital Currency (CBDC) 🇵🇰 A new era for finance begins!
$BTC $ETH

#pakistanlegalcypto #Nowcryptoinpakistan #pakistancryptoupdate #pakistancryptonews

Is Crypto Legal in Pakistan : Regulations & Compliance for Cross-Border Payments

Legal Status of Virtual Assets in Pakistan
With reference to the news items regarding the 14th meeting of the National Assembly’s Standing
Committee on Finance and Revenue, it is clarified that State Bank of Pakistan (SBP), in 2018 advised its
regulated entities including Banks, Development Finance Institutions (DFIs), Microfinance Banks
(MFBs), Electronic Money Institutions (EMIs), Payment System Operators (PSOs), Payment Service
Providers (PSPs), and Exchange Companies to avoid dealing in Virtual Assets (VAs) due to the absence
of any legal and regulatory framework for the VAs; not because it was declared illegal in the country.
This was done to protect its regulated entities and their customers from the risks emanating due to the
absence of legal and regulatory framework for VAs in the country.
The SBP and Finance Division are currently engaged with the Pakistan Crypto Council established by
the Federal Government for, among others, developing an appropriate legal and regulatory framework
for VAs in Pakistan. We understand that the legal and regulatory framework would provide the
requisite clarity and legal coverage about the VAs ensuring consumer and investor protection.
#LegalNews #Cyptonews #Pakistani_Bitcoin #pakistanlegalcypto
$BTC

#mi_395

This news can be good for Pakistani traders.
According to the government, money is being sent out of the country through cryptocurrencies, and the government has no transaction records. Because of this, the government is not getting any benefit, and it is impacting Pakistan’s economy.

It is possible that, in order to control this money laundering, the government may now legalize crypto so that every crypto transaction comes under government records. But remember one thing: if cryptocurrency becomes legal, the government can impose tax on profits.
In India, it’s 30%.
In the USA, trading is considered property, which is why it has a capital gains tax of up to 37%.
And in Pakistan, the government may also impose a tax of 25% to 40% on profits.

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$ETH