Anchor and Tv Host also well known as Crypto Specialist in Pakistan, Waqar Zaka shared a video message saying, If something happens to my family, I will not leave you [Prime Minister] Imran Khan.
Because on January 10th, 2022 I was told to say Waqar Zaka tell the court that Cryptocurrency is illegal and back out from this case, which I denied and said I will not this happen.
Read More: Pakistan Considering Ban on Cryptocurrencies
Zaka went on saying that If something happens to me, Imran Khan will be responsible, Here I am fighting for the middle-lower class those who want to earn and stand on their feet and this egoistic Khan wants to keep everyone on charity, that no one should ahead of me.
Waqar Zaka applauded Judicial System, saying ‘Judicial System Zindabad, Lawyers Zinadabad‘ These have saved the economy of Pakistan, saved the Crypto.
Imran Khan Shb, The instruction which you have given to the institutions to hang Waqar Zaka upside down, I will not run away, I will stay here but I cannot Imagine you will fall that low onto the level that threats will come to my family, My (Mother, Sister and daughter), If I have violated any foreign exchange rules send them to me I will answer but do not approach my family.
If you [Imran Khan] have any problem with me keep it till yourself, Do not approach my doorstep otherwise I will come to Bani Gala.
The State Bank of Pakistan (SBP) has always been ten steps behind adopting technology and regulating new policies especially when it comes to Freelancers In Pakistan who were unrecognized and were considered worst than Real Estate agents in Pakistan until 2019, Freelancers were not allowed to open bank accounts.
State Bank of Pakistan must realize that Web 3.0 is knocking at the door and the world will eventually adopt it in which Cryptocurrencies will play a major part, If State Bank of Pakistan and the Government of Pakistan declares Cryptocurrency illegal in Pakistan, it will send our youth back in the stone age, the similar situation we have faced in 2012 when Government decided to Ban Youtube in Pakistan and Pakistanis are still struggling to keep up with it.
The majority of Pakistanis Cryptocurrencies Investors are middle-class and lower middle class, trying to achieve something out of thin air due to unemployment lack of resources, Pakistani Youth is left with no other choice, there should be a framework to regulate it but by declaring it illegal will not resolve the issue.
SBP and the Government of Pakistan must call experts and specialists and formulate the policy to regulate this currency, The government cares about the Taxation and the issue can be easily resolved but by banning Cryptocurrency in Pakistan things will get worst especially for the Youth those who understand the future is non-conventional requires more expertise and there are several ways to earn.