Pakistan

Highlights: Pakistan enacts a permanent legal framework to regulate cryptocurrencies and digital assets. The law requires all crypto exchanges and wallet providers to secure a formal license before operating in the country. Violators face strict penalties, including PKR 50 million […]

Highlights: Pakistan is reviewing stablecoin payments to improve cross-border transfers. The central bank is assessing how the USD1 Stablecoin could fit within Pakistan’s digital payments and currency plans. The talks reflect Pakistan’s wider effort to formalize crypto rules and attract […]

Highlights: Pakistan is moving quickly on crypto policy and adoption, according to former Binance CEO CZ. The new rules and exchange approvals indicate that Pakistan aims to formalize its cryptocurrency market. The tokenization plans could help Pakistan attract global investors […]

Highlights: Pakistan gave early clearance to Binance and HTX to operate locally. Certificates allow both exchanges to set up branches and prepare full applications. PVARA pushes crypto as long-term infrastructure, emphasizing AML compliance and a trusted system. Pakistan signaled a […]

Highlights: Pakistan lost millions of dollars this year as illegal crypto transactions surged. Dollar sales to banks dropped sharply, but commercial reserves increased despite slow inflows. Pakistan is advancing crypto rules, inviting global exchanges, and joining the WEF’s steering committee. […]

Highlights: Pakistan is considering a digital rupee and CBDC to cut remittance costs. The crypto market in Pakistan could unlock $25B in new economic growth. The CBDC pilot phase is in development with World Bank and IMF support. Pakistan is […]

Highlights: a16z leads $12.9 million round to support ZAR’s digital currency launch in Pakistan. Over 100M adults in Pakistan remain unbanked, creating high digital finance demand. ZAR plans to enter African markets next year after its Pakistan pilot phase. Andreessen […]

Highlights: Pakistan invites international crypto firms to apply for licenses under a new framework. Applicants must meet strict AML, KYC, and counter-terrorism financing regulations. PVARA aims to boost fintech, tokenization, and Shariah-compliant digital asset services. Pakistan is opening its market […]

Highlights: Pakistan has formed the Virtual Assets Regulatory Authority to regulate the crypto industry. New authority to align the crypto sector with FATF and global standards. Over 40 million users drive $300 billion in crypto trade in Pakistan. Pakistan has […]

Highlights: IMF rejects Pakistan’s power subsidy plan over market disruption and debt concerns. Pakistan planned to use 2,000MW for AI data centers and crypto mining. Government pushes ahead with Bitcoin reserve, crypto council, and key advisor appointments. On July 3, […]

Highlights: Michael Saylor has voiced strong support for Pakistan’s digital asset push. The Strategy co-founder also offered to serve in an advisory role for Pakistan’s government. He also highlighted how the country could capitalize on some positives to achieve its […]

Highlights: Pakistan’s central bank says digital assets were never officially declared illegal by the government or authorities. SBP says earlier advisories aimed to protect financial institutions from risks linked to virtual asset transactions. The Pakistan Crypto Council will meet on […]