20 sats \ 0 replies \ @shibe 19 May 2023 \ on: FATF Pushes Pakistan To Ban Bitcoin bitcoin
That's my country for you. This has been going on for several years mind you. The government can't make up its mind on whether crypto trading is allowed and keep flip-flopping. This lack of regulatory clarity is part of why this place is a 3rd world shithole where it's almost impossible to do business legally because of the bureaucracy.
I won't be surprised if the government is unable to ban P2P markets though. But a few years ago I wanted to buy some Bitcoin but by the time I had the money one of the only exchanges at the time (urdubit) had already seized operations because of the government. In those few years the rupee has lost around 60% of its value.