Pakistan steps up crypto enforcement with dedicated federal unit

CoinTelegraph·

Pakistan steps up crypto enforcement with dedicated federal unit

60-second summary

Pakistan is establishing a dedicated federal unit to enforce crypto regulations, a move aimed at tackling cryptocurrency-related crimes. The Federal Investigation Agency is taking the lead, with a senior official recommending other agencies follow suit to enhance enforcement capabilities. This development is expected to strengthen Pakistan's stance on crypto regulation, potentially impacting local cryptocurrency adoption and market growth.

A senior official with Pakistan’s Federal Investigation Agency reportedly recommended other agencies establish similar units to address crypto-related crime.