State Bank Of Pakistan Calls Ripple and XRP ‘Encouraging Work’
In a surprising revelation from the State Bank of Pakistan (SBP) in their 2022 financial stability report, the institution acknowledged the nascent, albeit “promising work” of Ripple and XRP, in the global payment ecosystem. State Bank Of Pakistan Praises Ripple And XRP “While crypto assets offer some benefits, the realization of these benefits still requires […]
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Xumm, a native wallet for the XRP Ledger developed by XRPL Labs, revealed a partnership to expand its payment capabilities. According to an official post, the wallet partnered with GateHub to add more On and Off-Ramp options. Related Reading: State Bank Of Pakistan Calls Ripple and XRP ‘Encouraging Work’ XRP Ledger Increases Payment Capabilities The […]
The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation by the central bank, the State Bank of Pakistan (SBP). Meanwhile, the country’s science minister said that the government intends to “regularize” crypto in the country.
Pakistan’s FIA Taking Action Against Crypto Websites, Backing Central Bank’s Crypto Ban Recommendation
Pakistan’s Federal Investigation Agency (FIA) has written to the....
Image via Stanford University. San Francisco-based Ripple Labs, the startup behind the digital payment network Ripple, has appointed a former US State Department official as an advisor. Speaking about her new role, Anja Manuel said she was excited to build on Ripple's "impressive momentum" and looking forward to help it gain international traction. "Ripple is uniquely designed to lower both the costs and risks inherent to domestic and cross-border payment systems," she added. The former US State Department official said: "It has the potential to expand the global economy through increased....
Pakistan’s Federal Investigation Agency (FIA) is reportedly seeking to block websites dealing in cryptocurrency. The decision followed a meeting the agency had with the State Bank of Pakistan (SBP) which recently recommended a complete ban on crypto. Pakistan’s FIA Reportedly Seeks to Block Cryptocurrency Websites Pakistan’s Federal Investigation Agency (FIA) is seeking to block websites dealing in cryptocurrency, Dawn newspaper reported Sunday. The FIA is “a border control, criminal investigation, counter-intelligence, and security agency under the control of....
With growing adoption and state-sponsored mining in Pakistan, what does the country’s Bitcoin present and future look like? The post Tracing The Growth Of Bitcoin In Pakistan appeared first on Bitcoin Magazine.