Pakistan News

Pakistan is considering a rupee-backed stablecoin and a central bank digital currency (CBDC) to expand financial inclusion.

Fintech startup ZAR aims to use Pakistan’s corner stores and kiosks to make stablecoins accessible to millions of unbanked citizens.

Most crypto activity over the last year has been tied to practical use cases such as payments, remittances and preserving value in volatile economic conditions.

Pakistan has invited international crypto firms to apply for licenses under its regulatory authority PVARA, with strict criteria and global compliance standards.

Developing nations can use crypto to bypass financial constraints, hedge inflation and attract investment. Emerging economies are discovering crypto’s power.

Binance face scrutiny as India investigates cross-border wallet flows and security risks. Globally, investigative agencies have been acting against illicit crypto funding.

A young and tech-savvy population, combating inflationary pressures, is driving Bitcoin adoption and a new financial system in Pakistan.

Bilal Bin Saqib met El Salvador’s President Nayib Bukele to discuss Bitcoin adoption and signed a Letter of Intent for crypto collaboration.

Pakistan has established the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee and regulate the country’s crypto sector.

The IMF has reportedly blocked Pakistan’s plan to use cheap electricity for crypto mining, warning it could destabilize the energy market.

Strategy chair Michael Saylor said during a meeting with the country’s finance and crypto ministers that he welcomed the opportunity to advise Pakistan on its crypto ambitions.

Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan

Pakistan’s Crypto Minister Bilal Bin Saqib is pursuing high-level US partnerships with figures like Cantor Fitzgerald’s Brandon Lutnick and NYC Mayor Eric Adams.

Pakistan’s crypto minister met with Trump’s digital asset leadership to promote cross-border cooperation and outline Bitcoin-powered infrastructure plans.

IMF questions Pakistan’s plan to allocate 2,000 megawatts of electricity for Bitcoin mining amid energy shortages and budget talks.