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Home Cryptocurrency

IHC seeks comments in plea against ban on cryptocurrency

by admin
September 28, 2023
in Cryptocurrency
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IHC seeks comments in plea against ban on cryptocurrency
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ISLAMABAD, Sep 28 (APP): The Islamabad Excessive Courtroom (IHC) stopped the Federal Investigation Company (FIA) from taking motion in opposition to folks concerned within the enterprise of cryptocurrency and sought feedback from respondents together with the State Financial institution of Pakistan (SBP).

Justice Sardar Ijaz Ishaq Khan heard the case in opposition to the round of SBP to cease the enterprise of cryptocurrency.

The petitioner had additionally named the federation, Pakistan Telecommunication Authority (PTA), Safety and Trade Fee of Pakistan (SECP), and FIA within the case.

The petitioner’s lawyer Chaudhry Ali Abbas adopted the stance that the SBP had banned the enterprise of cryptocurrency which had affected the widespread folks. He prayed the court docket to declare the round issued by SBP on this regard as in opposition to the legislation.

The court docket served notices to respondents and adjourned the case.



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