In a decisive move to clear the air around the legality of digital assets, the State Bank of Pakistan (SBP) has officially clarified that there is no ban on cryptocurrencies in Pakistan. This clarification comes amidst rising confusion following a recent briefing to the National Assembly’s Standing Committee on Finance, which mistakenly implied that crypto […]
Tag: Pakistan crypto regulation
Pakistan to Launch Digital Assets Regulatory Authority to Lead Crypto Innovation
In a bold step towards shaping a digitally empowered financial future, Pakistan’s Ministry of Finance has announced the establishment of the Digital Assets Regulatory Authority, marking a new chapter in the country’s embrace of blockchain, cryptocurrency, and digital finance. A Future-Ready Framework for Digital Finance Recognizing the global momentum in digital assets, the Pakistani government […]