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FIA takes action against OneCoin and Bitcoin

Abu Zarrar

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Source: https://www.techjuice.pk/fia-takes-action-against-onecoin-and-bitcoin/
Date:25-08-2017

Federal Investigation Agency (FIA) launched action against OneCoin and Bitcoin. According to the report of a regional channel, FIA, after receiving a statement from State Bank of Pakistan (SBP), is going after OneCoin and Bitcoin. Initially, FIA will take action in Lahore and later it will be countrywide. Exact reasons for this action against OneCoin and Bitcoin have not been made clear. The exact news is embedded at the end.



Interestingly, PITB is supporting an event “Earn with Bitcoin” at Arfa Kareem Technology Park, Lahore. At the event, attendees are being taught about Blockchain and earning through bitcoin mining. Apparently, there is a lot of disparity within various government organizations about supporting cryptocurrency.
 
What is the reason behind this action?
 
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