SHC seeks reply over FIA's action against cryptocurrency.

The Sindh High Court (SHC) on Friday sought reply from the secretary finance and State Bank of Pakistan over FIA's action against cryptocurrency.

The SHC was hearing a plea against FIA's Cybercrime Wing against cryptocurrency trading. Rizwan Ali Qadri advocate said how can legal action can be against cryptocurrency in Pakistan when there is no law.

The pleas relating to cryptocurrency trading are still being heard but FIA initiated action, he added.

SHC bench after hearing initial arguments from the applicant's lawyer sought a reply from the secretary finance, State Bank of Pakistan, SECP, DG FIA and others.

FIA Cybercrime Wing IO Farhan Ali Bilal is also summoned on February 21.

Earlier, the Sindh High Court...

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