A TV presenter and host also well known as a crypto scholar in Pakistan, Waqar Zaka shared a video message saying: If anything happens to my family, I won’t leave you [Prime Minister] Imran Khan.
Because on January 10, 2022 I was told to tell Waqar Zaka to tell the court that cryptocurrency is illegal and get out of this case, which I denied and said it wouldn’t happen .
If anything happens to me Imran Khan will be responsible: Waqar Zaka
Read more: Pakistan plans to ban cryptocurrencies
Zaka went on to say that if anything happens to me, Imran Khan will be responsible, here I am fighting for the lower middle class those who want to win and stand up and this selfish Khan wants to keep everyone on charity, that no, we should get ahead of me.
Waqar Zaka applauded the judiciary, saying “Zindabad judiciary, Zinadabad lawyers”. These saved the economy of Pakistan, saved the crypto.
Imran Khan Shb, The instruction you gave to institutions to hang Waqar Zaka upside down, I won’t run away, I will stay here but I can’t imagine you will fall so low to the level that threats will come to my family, Ma (mother, sister and daughter), if I violated any exchange rules, send them to me, I will respond but do not approach my family.
If you [Imran Khan] have no problem with me keep it up to yourself, don’t come near my door or i will come to Bani Gala.
Enough is enough @ImranKhanPTI pic.twitter.com/EIGMtEqKqa
— Waqar Zaka (@ZakaWaqar) January 17, 2022
The State Bank of Pakistan (SBP) has always been ten steps behind in adopting technology and regulating new policies, especially regarding freelancers in Pakistan who were unrecognized and considered as worse than real estate agents in Pakistan until 2019, freelancers were not allowed to open bank accounts.
The State Bank of Pakistan must realize that Web 3.0 is knocking at the door and the world will eventually embrace it in which cryptocurrencies will play a major role. If the State Bank of Pakistan and the Government of Pakistan declare cryptocurrency illegal in Pakistan, it will send our youth to stone age, the similar situation we faced in 2012 when the government decided to ban Youtube in Pakistan and that Pakistanis are still struggling to keep up.
Majority of Pakistani cryptocurrency investors belong to middle class and lower middle class, trying to make something out of nothing due to unemployment, lack of resources, Pakistani youth have no alternatively, there should be a framework to regulate it but declaring it illegal will not solve the problem.
SBP and the government of Pakistan must call experts and specialists and formulate the policy for regulating this currency. The government cares about taxation and the problem can be easily solved, but by banning cryptocurrency in Pakistan, things will get worse, especially for young people who understand. the future is unconventional requires more expertise and there are multiple ways to win.
Read more: FIA issues notice to Binance regarding multi-billion crypto scam
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