Good News for Pakistani Crypto Users: Government Considers Legalization
Here are finally some good news coming from the Pakistani government that they are now looking for crypto to legalize and properly offer an exchange to the crypto users.
This step is really appreciated to the government and the staff members of State Bank of Pakistan, this is what every Pakistani investor was looking for.
Citizens need an urgent decision for legalizing the crypto sector which will be in benefit of every one of us.
If government will start investing in crypto market and if their experts will sit together, they will surely earn a good income for the state and that will be beneficial for the country.
The same is the case for other Pakistani users that if they are given a free hand for the use of crypto, they will surely make a good earning on the monthly basis.
This will have another benefit that an unemployment rate will decrease and people will start standing on their feet's and they will start earning themselves sitting at home.
Pakistani citizens are really happy with this decision, but they only have one worry after the legalization of the crypto and that is the implementation of tax as we did see in India.
The government have implemented 30% tax for the crypto users, which is too much high.
Pakistani citizens are not expecting from the government that they will implement 30% tax, but they are expecting from 5 to 10% that will be fine enough to pay taxes.
Anyway, it's really a good news for the Pakistani crypto users that they now can use crypto without any restrictions.
The finance ministers have talked about this but yet not confirmed about legalizing the crypto.
There is much more possibility that crypto will be legalized in the country and they will accordingly offer a platform for the use of crypto.
What do you people think about legalizing of crypto in Pakistan? Will it put positive impact for the market? Will be glad to see your answers in the comment section.
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