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Jordan vs Pakistan

Crypto regulation comparison

← Back to map | Jordan | Pakistan
Jordan

Jordan

Pakistan

Pakistan

Restricted
Restricted

Jordan restricts cryptocurrency use. The Central Bank of Jordan has issued multiple warnings against crypto use and prohibits banks and financial institutions from dealing in it. The JSC does not recognize crypto as a financial instrument. However, private ownership is not explicitly criminalized.

Pakistan has a hostile regulatory environment for cryptocurrency. The State Bank of Pakistan has prohibited financial institutions from facilitating crypto transactions, and the government has considered outright bans. Despite this, Pakistan has high informal crypto adoption, ranking among the top countries for P2P crypto volume. The SECP has explored blockchain regulation but no licensing framework exists for exchanges.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator CBJ (Central Bank of Jordan), JSC (Jordan Securities Commission)
Regulator SBP (State Bank of Pakistan), SECP
Stablecoin Rules Not specifically regulated; CBJ does not endorse any crypto
Stablecoin Rules No regulation; SBP has not authorized any crypto activities
Key Points
  • CBJ prohibits banks and payment companies from dealing in cryptocurrency
  • JSC does not recognize or regulate crypto as a security or financial instrument
  • Multiple government warnings issued advising against crypto investment
  • Private ownership of crypto is not explicitly criminalized
  • Jordan has explored blockchain for government services but remains cautious on crypto trading
Key Points
  • SBP prohibits banks and financial institutions from processing crypto transactions
  • No licensing framework for crypto exchanges; operating informally is risky
  • High P2P crypto adoption despite regulatory hostility
  • Government has considered formal banning legislation multiple times
  • SECP has explored digital asset regulation but no framework enacted
Sources
Sources