Business 3 April 2019

Pakistani central bank plans to issue digital currency by 2025

The South Asian country intends to issue a state-backed digital currency by the year 2025 to bring more inclusion and reduce inefficiencies in their monetary system.

Business 2 April 2019

Pakistan to close down nine cryptocurrency dealers

The SECP initiated actions against nine companies for fraudulently dealing in cryptocurrencies.

Business 29 March 2019

7 linked to crypto ransom racket busted in Pakistan

A gang was busted in Pakistan that was demanding Bitcoin Core (BTC) for ransom, according to reports.

Business 22 March 2019

Is Pakistan about to formally legalize cryptocurrency?

On Monday, Pakistani finance minister Asad Umar denied a report that the country was about to legalize the trade of Bitcoin Core (BTC) across the country.

Business 10 January 2019

Blockchain-based remittance service launched between Pakistan and Malaysia

Telenor, a global telecommunication giant, announced through its Pakistani subsidiary the launch of a blockchain powered cross border remittance service to Malaysia.

Business 15 May 2018

Traders find ways around Pakistan ban to buy, sell cryptos: reports

Although the State Bank of Pakistan has banned commercial banks, financial firms and traders from operating in cryptocurrencies, some are finding ways and means of circumventing this ban.

Business 9 April 2018

‘Worried’ State Bank of Pakistan warns against shady crypto dealings

The bank cautioned its customers against dealing with cryptocurrencies, particularly shady initial coin offerings (ICOs).