LAHORE – Social media users have launched a campaign to regulate cryptocurrency, a digit form of money, in Pakistan as they hopes the move will strengthen the economy.
With TV host, crypto entrepreneur and activist Waqaz Zaka leading the campaign, #CryptoKoRegulateKaro trending on Twitter.
“Sir @ImranKhanPTI & @shaukat_tarin I got clarification from Sindh High Court that Crypto is not declared illegal but still some banks are not allowing us to deal in crypto and hence undocumented black market is growing so please,” Zaka wrote on Twitter.
Sir @ImranKhanPTI & @shaukat_tarin I got clarification from Sindh High Court that Crypto is not declared illegal but still some banks are not allowing us to deal in crypto and hence undocumented black market is growing so please #CryptoKoRegulateKaro
— Waqar Zaka (@ZakaWaqar) May 22, 2021
Team @TenupNation already gave offer to launch (free of cost) Exchange for Pakistani Government , so the world can trade there and Pakistani Government can earn revenue, don't give this contract to third party, Pak will not earn anything @ImranKhanPTI #CryptoKoRegulateKaro
— Waqar Zaka (@ZakaWaqar) May 22, 2021
He further added that his team has already gave offer to “launch (free of cost) Exchange for Pakistani Government, so the world can trade there and Pakistani Government can earn revenue, don’t give this contract to third party, Pak will not earn anything”.
The campaign his getting steam as around 5K people have commented on the trend with a portion demanding the government to introduce laws for cryptocurrency and earn taxes.
A user, Asim Rehman, wrote: “Regulate Crypto and earn tax, order the banks to allow direct deposits in our local accounts. Allow buying USDTs from the state bank, Allow crypto declaration in assets. Make Pakistan strong again”.
https://twitter.com/AsiimUrRehman/status/1396131686652461057
Here are some more reactions;
Regulate it please….
This is our right don't play with iur futures..#cryptokoregulatekaro #ImranKhanPTI #shaukat_tarin #finministarypk https://t.co/nla8II9E3u— Tashfeen Abbasi (@Tashfeenabbasi_) May 22, 2021
#Cryptokoregulatekaro @ImranKhanPTI @FinMinistryPak @ZakaWaqar why you are not legalizing this important and money making idea which is beneficial for pakistan economy these days and for the future.
— Jabran Butt (@jabranbutt3) May 22, 2021
Iran is making many through Bitcoin mining and this should also be considered in Pakistan.Plz @ImranKhanPTI
Regulate cryptocurrency in pak by launching Pakistan's own exchange and by making proper laws. @FinMinistryPak#CryptoKoRegulateKaro pic.twitter.com/MndT5xs1v0— Talha10_ (@Talha10_) May 22, 2021
Read more: https://pakobserver.net/waqar-zaka-not-hired-as-expert-on-cryptocurrency-clarifies-kp-govt/
