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Waqar Zaka dares PM Imran amid legal row over crypto ban

03:02 PM | 19 Jan, 2022
Waqar Zaka dares PM Imran amid legal row over crypto ban

KARACHI – Pakistani social media influencer and host Waqar Zaka has warned Prime Minister Imran Khan for going after his family as he challenged the ban against cryptocurrency in Pakistan.

The host turned entrepreneur, who is famous for cryptocurrency, shared a video clip on his official Twitter saying he and his family were receiving threats as he was fighting a case against a crypto ban.

The Sindh High Court had barred federal investigators from taking action against those operating digital currency businesses.

The controversial TV personality, who started his career by hosting a reality show, went on saying that If something happens to him, the premier will be ‘entirely responsible for the attack’.

Sharing his ordeal as he faced adversities amid the legal fight against state institutions, he said “I am fighting for the middle-lower class people who want to earn and stand on their feet and me my families are receiving threats”.

He even named PM as ‘egoistic Khan’ who wants to keep everyone on charity rather than creating Digital Pakistan. He continued his video saying the incumbent government is censoring his voice against the crypto ban because it does not want to ‘legalise decentralised money in the country’.

He commended the country’s judicial system, saying ‘Judicial System Zindabad, Lawyers Zinadabad’, however threatened the premier to keep his family out amid crypto dilemma. Lamenting at the alleged threats, he even added that he was unaware that you will come this low.

On January 11, Waqar shared a tweet saying “I am getting strange calls from unknown numbers that I should not appear in Sindh Court tomorrow, for Cryptocurrency ban case otherwise I will be put in jail as Imran Khan is against crypto. Do whatever you want , I will appear tomorrow.”

Amid the ban on cryptocurrency, social media users want Prime Minister Imran Khan to meet Waqar Zaka to get facts about 'revolutionizing technology'.

The whole scenario comes as the South Asian country is witnessing its cryptocurrency movement on social media, led by a ‘crypto influencer’ Waqar Zaka who has emerged as a hero for many young investors.

In 2019, Zaka moved SHC for legalising cryptocurrency in Pakistan. The case resulted in the formation of a committee headed by State Bank of Pakistan deputy governor.

The recent ban was witnessed after China, Russia, Turkey, Egypt, Qatar, Vietnam and Bangladesh have completely banned the trade of cryptocurrencies. Meanwhile, the US, UK, Australia, and EU are still working on regulations.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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