Tag Archives: Pakistan Mercantile Exchange keen on cash-settled crypto contracts

KARACHI: The Pakistan Mercantile Exchange (PMEX) is eager to introduce cash-settled contracts of cryptocurrencies to help local investors take exposure to the increasingly popular peer-to-peer global digital payment system. Speaking to Dawn in a recent interview, PMEX Managing Director Ejaz Ali Shah said the central monetary authority should revisit its 2018 decision against cryptocurrencies because they’re getting worldwide recognition as a medium of exchange. …

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