Television host, activist, and crypto entrepreneur Waqar Zaka who has recently been appointed KP government’s cryptocurrency expert got a court clarification that Crypto is not banned in Pakistan.
Zaka posted about the court clarification on his Twitter account in which the court had mentioned that “State Bank of Pakistan has stated in open Court that they had never declared Crypto Currency illegal.”
After fighting for 2 years, I got court clarification that Crypto is not banned , now the issue is, State Bank is not allowing us to buy crypto. Today Indian Central bank allowed their customers to buy crypto after Supreme court order #PakistanNeedsCrypto pic.twitter.com/yNl7qa29um
— Waqar Zaka (@ZakaWaqar) May 31, 2021
The ‘Living on the edge’ star has been advocating in support of e-commerce avenues since the past two years and has been succeeded to a large extent, in promoting them in Pakistan. Earlier, Zaka had also taken to Twitter today to offer to counter Pakistan’s growing debt problem with the help of crypto currency. The television host had announced on social media that with the help of crypto currency, he could pay off Pakistan’s debts, under the condition that Imran Khan resigned and he became the prime minister:
“I can pay of PAK deb using crypto but the condition is @ImranKhanPTI should step down and let me run the country..”
Zaka is of the view that whoever is responsible for banning e-commerce avenues and e-sports platforms in Pakistan is actually threatened by the country’s talent to excel in them.