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Pakistan presses ahead with a national digital asset framework as leaders and major crypto executives align on building a secure, transparent ecosystem to advance regulation, innovation, and financial inclusion. Pakistan Advances National Digital Asset Overhaul Pakistan’s Ministry of Finance shared on social media platform X on Dec. 5 that it hosted a consultative meeting on … Read more
Pakistan announced plans to launch its first government-backed stablecoin as a key step in integrating virtual assets into its national economy. Regulatory Push Pakistan plans to launch its first government-backed stablecoin as part of a strategic effort to integrate virtual assets into the national economy, the country’s top regulator announced on Dec. 6. Bilal Bin … Read more
The Pakistan Virtual Asset Regulatory Authority is inviting leading global crypto exchanges to operate in the country, which has over 40 million virtual asset users. Key Requirements for Global Exchanges The Pakistan Virtual Asset Regulatory Authority (PVARA) has formally invited leading global exchanges and service providers to participate in the country’s digital economy. The invitation … Read more
Soramitsu, a Japan-based blockchain developer, will help the government of Pakistan build its central bank digital currency effort, after having been involved in similar projects. The Pakistan CBDC pilot is being implemented with offline payment capabilities in mind. Japan-Based Soramitsu Enlisted to Create Pakistan CBDC More countries are developing their central bank digital currencies (CBDCs), … Read more
The government of the Islamic Republic of Pakistan established diplomatic ties with the Republic of El Salvador in a recent meeting, discussing an information-sharing agreement on bitcoin. The two countries are currently seeking to embrace the cryptocurrency while under IMF restrictions. Bitcoin Unites: Pakistan Establishes Diplomatic Ties With El Salvador Bitcoin is becoming a global … Read more
India’s financial intelligence unit is probing Binance and private crypto wallets over a suspected spike in cross-border transfers from Pakistan, potentially tied to illicit financing networks. Amid growing security concerns, India’s Financial Intelligence Unit (FIU-IND) is intensifying its investigation into Binance and several cryptocurrency exchanges over allegations of digital assets being funneled through private wallets … Read more
On July 8, the Pakistan government announced the establishment of the Pakistan Virtual Assets Regulatory Authority, an independent body responsible for licensing, monitoring, and supervising virtual asset service providers (VASPs). Introduction of Virtual Assets and Trust The Pakistan government announced on July 8 the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA), a body … Read more
Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan Go to Source
Pakistan rocked global crypto circles with bold plans for a national Bitcoin reserve—only to spiral into confusion as top officials fiercely denied any policy shift. Bitcoin Reserve or Political Mirage? Pakistan’s Leaders Clash on Crypto Future Pakistan stunned the global crypto community with a bullish announcement about creating a state-backed Strategic Bitcoin Reserve, only for … Read more
Amid ongoing economic negotiations, Pakistan’s unprecedented plan to integrate bitcoin into its national strategy has sparked concern from the International Monetary Fund, which was not consulted on the initiative. The country declared the establishment of a national bitcoin reserve and a digital asset authority during the Bitcoin Vegas 2025 conference, unveiling plans to allocate 2,000 … Read more
