Pakistan Central Bank Governor on Cryptocurrency: 'The Potential Risks Far Outweigh the Benefits' – Emerging Markets Bitcoin News

Pakistan Central Bank Governor on Cryptocurrency: 'The Potential Risks Far Outweigh the Benefits'

First, in their current form, private digital currencies are mostly speculative in nature and have not provided any robust use case and real economic benefits especially to underdeveloped countries like Pakistan. “If in the future, solutions evolve which address current risks and also give people more control, power and choices over their financial decisions, we are open to looking at them,” explained the SBP governor.

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