Pakistan Escapes FTAF Grey List Without Crypto Ban

Pakistan Escapes FTAF Grey List Without Crypto Ban

Learn how FTAF denies the need for a crypto ban in Pakistan to avoid being placed on their grey list due to high crime and violence.

The post No Cryptocurrency Ban Required for Pakistan to Stay Off FTAF’s Grey List appeared 1st on Coinpedia Fintech News

FTAF(Financial Action Task Force) rejected requiring countries to ban virtual assets and services regardless of Pakistan’s Finance Minister’s states. Minister Aisha Pasha reveals legalizing digital currency dangers the country being ‘Grey listed’ by FTAF and stated no to legalizing cryptocurrencies in Pakistan. FTAF Grey lists the country owing to huge felony and violence, FTAF mandates VAP( a Software Company) to comply with financial institution prevention measures such as diligence, record keeping, and reporting. Cryptocurrency providers follow travel regulations and share high-value transactions.


Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.
Nvidias Stock Skyrockets, Secures Spot Among Top Players

Follow us

Latest Crypto News