Govt working on regulating digital currencies: PM Shehbaz

Prime Minister Shehbaz Sharif said on Wednesday that the government was working on regulating digital currencies. Presiding over an Economic Advisory Council (EAC) meeting, the prime minister said: “Consultations are underway regarding the regulation of digital currencies.” A Prime Minister’s Office (PMO) source told Dawn that the PM believed the world was turning towards digital currencies. “Therefore, we are reviewing the pros and cons of using digital currencies,” the prime minister said. According to an official press release, the EAC members expressed their full confidence in the government’s economic policies and presented key suggestions to boost economic growth. Welcoming the recommendations, Mr Shehbaz instructed the relevant authorities to collaborate with the council members to form a comprehensive action plan based on these suggestions.