FIA ‘irked’ over PTA delaying tactics to ban 1600 crypto websites
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The Federal Investigation Agency (FIA) has decided to take the issue to higher-ups after Pakistan Telecommunication Authority (PTA) did not ban 1600 websites involved in trading of cryptocurrency, reported 24NewsHD TV channel.
The FIA gave multiple reminders to the website block/unblock authority—PTA—but the authority did not answer any of the reminders.
Sources said that FIA will take up the matter with the higher-ups of the PTA to block the 1600 websites of the cryptocurrency.
The PTA stated that the authority has ‘written to FIA requesting the legal provisions under which such websites can be blocked'.
It continues "The response is being awaited and action will be taken once clarification from the FIA is received. Furthermore, the matter is already in process and will be dealt in accordance with the law.”
Earlier, a committee constituted by the Sindh High Court (SHC) in its report recommended a complete ban on cryptocurrency and related activities in the country.
A two-judge bench headed by Justice Mohammad Karim Khan Agha directed the committee to send its report to the ministries of finance and law to consider it at a joint meeting and take a final decision whether cryptocurrency was allowed in Pakistan.
Reporter Saud Butt