Pakistans central bank has told banks and other financial services providers not to support virtual currency transactions. The State Bank of Pakistan (SBP) advised the general public in a statement on its website and in a tweet that it regulates both domestic and international payment and money transfer services.
Pakistans announcement on Friday follows one by Indias central bank from having any links to virtual currency dealers, which immediately slashed cryptocurrency prices on local exchanges.
Source:
https://www.ccn.com/pakistan-central-bank-bans-banks-from-cryptocurrency-ico-transactions/Their government is close minded regarding their stand on Bitcoin existence in which they see Bitcoin is only a threat to their country that is why they are against it. But if they will just regulate the Bitcoin so that it could not be use in illegal activities such as money laundering then for sure they will see the advantages and greatness of Bitcoin in which it can be truly a help to their economy to become more strong and stable.