PAKISTAN has taken another step forward in its efforts to modernise the country’s financial sector with the help of blockchain and cryptocurrency technologies. On Friday, the authorities gave initial approval to major global cryptocurrency exchanges Binance and HTX to register with regulators and set up local subsidiaries. According to the Pakistan Virtual Assets Regulatory Authority, the approvals were given after it was satisfied regarding the governance and compliance protocols of both exchanges. Once the local subsidiaries are set up, the exchanges can apply for a full licence to operate in the country. In other words, Pakistanis could........

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