Pakistan is studying CBDC for financial inclusion
The governor of the State Bank of Pakistan believes that a state-back digital rupee can bring two-fold benefits to the country.
Latest Pakistan News
Pakistan province to build block reward mining farms
Khyber Pakhtunkhwa recently set up a committee to look into digital currencies and in one of its first actions, it has moved to set up two block reward mining farms.
Pakistan launches Bill Gates-backed Raast instant digital payments system
Known as Raast, the system is especially aimed at availing digital payments to women who have been financially marginalized for decades.
Pakistan court reins in FIA, central bank over digital currency ban
The Sindh High Court in Pakistan has heard a petition filed in opposition to a nationwide ban on cryptocurrencies, giving fresh insight into the legal position for digital assets in the country.
Pakistan wants to legalize digital currency
There is currently a pending resolution in Pakistan that paves the way for digital currency legalization and the creation of digital currency law.
Pakistan considers new regulation for digital currency
The Securities and Exchange Commission is looking comparatively at the approach of regulators in other countries, as well as setting out the needs of Pakistan’s growing digital finance market.
Digital currency not banned in Pakistan, lawyer says
The State Bank has not outlawed digital currency in Pakistan despite claims to the contrary, according to a lawyer for the country’s central bank.
This week in tech: Asia shows the blockchain world how it’s done
From Thailand’s e-visa to India’s Tata consultants, America’s AMD to China’s TikTok, blockchain is ending the year on a high as more global giants adopt.
Pakistan president urges investment in emerging tech like blockchain
The Pakistan President believes that emerging tech like blockchain and AI will shape the future and urged the country to invest or risk falling behind.
Pakistan eyes blockchain for digitalization of government processes
A meeting chaired by Pakistan Prime Minister Imran Khan discussed ways in which technologies such as blockchain could be used to ensure efficiency of government processes.
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.
Pakistan to close down nine cryptocurrency dealers
The SECP initiated actions against nine companies for fraudulently dealing in cryptocurrencies.