Tag: state bank

Pakistan’s State Bank Hints at Potential Cryptocurrency Trading Crackdown

It has almost become the new normal for banks to take a rather aggressive stance toward cryptocurrencies. That will not surprise anyone, although it is quite rare to hear Pakistan’s State Bank weigh in on these discussions. Although it is just a warning for the time being, it is possible we may see an official ban imposed on cryptocurrency purchases in the near future. Pakistan State Bank Isn’t Keen on Cryptocurrency …
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State Bank of Vietnam Moves to Ban Digital Currency Use

Without any prior warning, it appears the State Bank of Vietnam has recently submitted a legislative proposal to the country’s government meant to ban a wide range of digital currency-related activities. Expensive Fines to be given Recent reports indicate that starting January 1, the supply, issuance, and use of Bitcoin and other digital currencies as a method of payment will be subject to fines ranging from 150 million to 200 million dong, which is …
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