State Bank of Pakistan

Pakistan draws up laws in preparation for CBDC launch in 2025
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9 December, 2022

Pakistan draws up laws in preparation for CBDC launch in 2025

Pakistan is set on launching its CBDC by 2025, releasing new guidelines—with help from World Bank—for non-bank entities to aid...
Ban on digital currencies reportedly coming to Pakistan
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19 January, 2022

Ban on digital currencies reportedly coming to Pakistan

The State Bank of Pakistan is concerned about the use of digital currencies in crime, with a recent Binance-linked $100...
Binance at the center of $100M digital currency scam in Pakistan
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11 January, 2022

Binance at the center of $100M digital currency scam in Pakistan

Over 30,000 investors were reportedly tricked into opening Binance accounts and transferring their digital assets to scammers, and the exchange...
Pakistan high court orders gov’t to establish digital currency regulations in 3 months
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27 October, 2021

Pakistan high court orders gov’t to establish digital currency regulations in 3 months

The High Court of Sindh has ordered the gov’t to formulate regulations for the digital currency industry in response to...
Pakistan court reins in FIA, central bank over digital currency ban
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24 December, 2020

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...
Digital currency not banned in Pakistan, lawyer says
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10 November, 2020

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...
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