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Pakistanis Have $20 Billion in Cryptocurrencies, as per the FPCCI Chairman

Pakistan Have $20 Billion in Cryptocurrencies

KARACHI: According to the Federation of Pakistan Chambers of Commerce and Trade, Pakistanis own bitcoin worth almost $20 billion.

“According to our estimate, Pakistanis hold cryptocurrencies worth $20 billion,” FPCCI President Nasir Hayat Magoon said during a news conference.

He encouraged the government to provide a comprehensive policy so that people may deposit cryptocurrencies in Pakistan rather than Dubai. India, too, has issued cryptocurrency guidelines, according to Magoon.

The FPCCI president told a news conference that the value of the digital currency owned by Pakistanis is based on the chamber’s study report.

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