Pakistan Loses $600m to Illegal Crypto Trades | Dawn News English

Описание: Pakistan has reportedly lost an estimated $600 million to illegal cryptocurrency transactions, a development that has significantly reduced dollar inflows into the banking system.

According to Malik Bostan, chairman of the Exchange Companies Association of Pakistan, while banks sold $4 billion in dollars during the first ten months of last year, sales fell to $3 billion in the same period this year, with much of the shortfall routed into cryptocurrencies through unlawful channels.

#pakistan #crypto #illegaltrade #cryptocurrency #cybercrime #moneylaundering #economicloss #cryptoregulations #digitalfinance #breakingnews
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