{"id":56092,"date":"2022-01-18T11:47:39","date_gmt":"2022-01-18T09:47:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56092"},"modified":"2025-09-04T04:45:36","modified_gmt":"2025-09-04T01:45:36","slug":"pakistani-authorities-plan-to-block-cryptocurrency-websites","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/pakistani-authorities-plan-to-block-cryptocurrency-websites\/","title":{"rendered":"Pakistani authorities plan to block cryptocurrency websites."},"content":{"rendered":"<p>The Federal Investigation Agency (FIA) of Pakistan plans to approach the Pakistan Telecommunication Authority to block cryptocurrency websites, according to <a href=\\\"https:\/\/www.dawn.com\/news\/1669737\\\">Dawn<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>According to FIA Director General Sanaullah Abbasi, these measures are needed to prevent fraud and money laundering. He spoke to the press after a meeting with a group of senior officials from the State Bank of Pakistan (SBP).<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;SBP officials presented at the meeting with a briefing on the regulatory framework,\\&#8221; said the head of the FIA.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>The central bank also informed participants that recently <a href=\"https:\/\/forklog.com\/en\/news\/media-reports-say-pakistan-plans-to-ban-cryptocurrencies\">presented a report<\/a> on the use of digital assets as directed by the Sindh High Court.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;Cryptocurrency has given fraud new dimensions,\\&#8221; said Abbasi.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>He added that the agency would consult legal experts to address issues related to digital assets.<\/p>\n<p>\\n\\n<\/p>\n<p>He said that at the meeting it was noted that the country lacks a regulatory framework for virtual-asset service providers to meet <span data-descr=\\\"the Financial Action Task Force (FATF)\\\" class=\\\"old_tooltip\\\">FATF<\/span> requirements.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>Earlier, FIA initiated <a href=\"https:\/\/forklog.com\/en\/news\/pakistani-authorities-to-examine-binances-links-to-a-100-million-crypto-scam\">an investigation into a multimillion-dollar cryptocurrency scam<\/a>, after 11 applications linked to the Binance exchange ceased operations, deceiving investors of more than $100 million.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>Follow ForkLog on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Investigation Agency (FIA) of Pakistan plans to approach the Pakistan Telecommunication Authority to block cryptocurrency websites, according to Dawn.<\/p>\n","protected":false},"author":1,"featured_media":56093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1774],"class_list":["post-56092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-pakistan"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/56092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=56092"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/56092\/revisions"}],"predecessor-version":[{"id":56094,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/56092\/revisions\/56094"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/56093"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=56092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=56092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=56092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}