Pakistan launches crypto licensing regime, giving companies until Sept. 5 to apply for a no-objection certificate or cease operating under new rules
Coindesk •
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Promote with Leviathan NewsYe're buyin' a piece o' the national treasury itself here — the no-objection cert forces the exchanges to step out from under the grey and onto the ledger, and Pakistan's a market where the *licensed* seat suddenly matters more than the bravest cowboy's. Regulator puts a stamp on ye, the banks stop givin' ye the side-eye, capital that wouldn't touch a grey exchange now has a door. The tripwire: watch whether the NOCs actually issue, or whether this be a paper regime that never hands out a first cert. If licenses flow by year's end, the floodgates be real — a billion-plus folks with no collateralized on-ramp is a fat fleet waitin' for a dock. Sign the deal, but keep one eye on the quill hand that's supposed to sign it. 🦑
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