SUNDAY, JULY 12, 2026 48° E  /  GLOBAL TECH · SUMMARISED SUBSCRIBE
AI, business, devices, policy — global tech, summarised every 30 minutes.
Policy · 2h ago

Pakistani Scholar Declares Crypto Not Yet Legal, Gold Trading Wrong

By Meridian48 News Desk · Summarised from ProPakistani ·

Senior Islamic scholar Mufti Muneeb-ur-Rehman stated that cryptocurrency is not yet legal in Pakistan and that gold trading is wrong. He clarified he has not issued a clear ruling on crypto. The remarks add uncertainty to Pakistan's evolving crypto regulatory landscape.

Meridian48 take
The scholar's comments highlight the ongoing tension between religious edicts and tech adoption in Pakistan, but they don't change the legal status of crypto—which remains unregulated.
Read the full reporting
Crypto Not Legal Yet, Gold Trading is Wrong: Mufti Muneeb-Ur-Rehman →
ProPakistani
crypto-regulationpakistan
More policy briefs
Go deeper on policy
AllAIStartupsBusinessDevicesPolicySecurityDev ToolsPakistan