FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List'

The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to conditions set by the watchdog.

• 2023-05-24
• Financial Action Task Force Pakistan Aisha Ghaus Pasha CoinDesk money laundering service providers

Pakistan’s Minister of State for Finance and Revenue Says Crypto Will ‘Never Be Legalized’

Pakistan's government remains resolute in its opposition to cryptocurrencies, despite retail users turning to digital assets.

• 2023-05-19
• State Bank of Pakistan Pakistan Financial Action Task Force digital assets Aisha Ghaus Pasha Prime Minister Imran Khan