Express

SECP Decides To Regulate Digital Assets And Cryptocurrencies In Pakistan

Tracy CHEN

Summary: According to Thenews, The Securities and Exchange Commission of Pakistan (SECP) has decided to regulate the digital/virtual assets including crypto assets to control the misuse of virtual currencies in Pakistan having a global market value of over EUR 7 billion worldwide.In this regard, the SECP has drafted a document on the regulation of Digital Asset ...

According to Thenews, The Securities and Exchange Commission of Pakistan (SECP) has decided to regulate the digital/virtual assets including crypto assets to control the misuse of virtual currencies in Pakistan having a global market value of over EUR 7 billion worldwide.
In this regard, the SECP has drafted a document on the regulation of Digital Asset Trading Platforms in Pakistan. This is for the first time that any of the regulatory bodies have taken the initiative to regulate the digital/virtual assets in Pakistan.

Tracy Chen