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Pakistanis have $20B in crypto assets, says head of local association
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cointelegraph.comNasir Hayat Magoon, The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has stated that Pakistani citizens have a combined crypto assets value of $20 billion.
During a news conference, the FPCCI president said that Pakistanis' digital currency valuations are based on the chamber's research paper, as per a local report. He urged the government to implement a cryptocurrency policy, pointing out that India has implemented some restrictions in this field, the report adds.
In October, a study published by Chainalysis revealed that Pakistan had experienced a tremendous increase in cryptocurrency adoption during the previous year. The 2021 Chainalysis Global Crypto Adoption Index ranked Pakistan the
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