pakcrypto

#Pakistan to Launch First-Ever Digital Rupee This Year — Here’s What It Means for You

Big news is coming from Pakistan’s financial sector! The State Bank of Pakistan (SBP) has officially announced that it will launch the country’s first-ever Digital Pakistani Rupee (CBDC) this year. This isn’t just another banking update — it’s a major leap toward the future of money in Pakistan.

For those wondering, a CBDC (Central Bank Digital Currency) is a digital version of your regular cash, but issued and backed by the central bank itself. That means it’s secure, legal, and fully recognized — unlike cryptocurrencies such as $BTC Bitcoin, which are decentralized.

So, what’s the plan?
The SBP has teamed up with Soramitsu, a Japanese blockchain technology company, to build the foundation for this digital currency. The launch will start with a pilot program this financial year, aiming to make transactions faster, more transparent, and more cost-efficient.

Here’s why this is huge:

No more waiting for payments — Digital Rupee could enable instant transfers 24/7.

Less cash dependency — Perfect for a cash-heavy economy like Pakistan’s.

Boost for e-commerce — Businesses can accept secure digital payments directly from customers.

Better security — Blockchain-based systems make it harder for fraud and corruption to thrive.

While the SBP hasn’t yet set an exact public release date, experts believe this pilot could pave the way for wider adoption by the public as early as next year. And once it’s live, it could completely transform how people in Pakistan send, receive, and store money.

The move also positions Pakistan alongside countries like China, India, and the UAE, which have already made significant progress with their own digital currencies.

The question now is — are you ready for a cashless, digital future? #pakcrypto

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Assalamualaikum everyone Good News All crypto lovers 💓 Binance More rewards crypto together please like and follow me

Major shift in 🇵🇰 Pakistan's Crypto Market!
Binance now enables crypto withdrawals directly to 🏦 Pakistani Banks.

This is a significant move hinting at the gradual acceptance of 🪙 cryptocurrency in Pakistan

#BTCBreaksATH

#pakcrypto

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

Crypto Market Update in Pakistan

پاکستان میں کرپٹو مارکیٹ دباؤ کا شکار ہے اور بڑی کرنسیوں جیسے بٹ کوائن اور ایتھریم کی قیمتیں نیچے جا رہی ہیں، مگر حکومت کرپٹو کو مالیاتی نظام میں شامل کرنے کے لیے تیزی سے اقدامات کر رہی ہے۔ اسٹیٹ بینک جلد اپنی ڈیجیٹل کرنسی (CBDC) کا پائلٹ لانچ کرے گا اور ریگولیٹری ادارے جیسے Pakistan Crypto Council اور Pakistan Virtual Assets Regulatory Authority پہلے ہی قائم ہو چکے ہیں تاکہ کرپٹو کو باضابطہ فریم ورک میں لایا جا سکے۔ اس وقت سرمایہ کاروں کے لیے احتیاط اور تحقیق کے ساتھ سرمایہ کاری کرنا ضروری ہے۔

#pakcrypto #PAK_TRADERS

🚨 Breaking News 🇵🇰
Pakistan’s newly formed Virtual Assets Regulatory Authority (PVARA) just held its first board meeting, signaling the potential reversal of the State Bank’s 2018 crypto ban.
This could mark the start of a new era for blockchain, crypto, and Pakistan’s digital economy.
#PakCrypto #PAK_TRADERS

Breaking News 🇵🇰: 🚨

The newly formed Pakistan Virtual Assets Regulatory Authority (PVARA) held its first board meeting and announced the lifting of the State Bank's 2018 crypto ban.
This marks the beginning of a new era for blockchain, crypto, and the country's digital economy
#pakcrypto
#PAK_TRADERS
#PKRStableCoin

#pakcrypto
#PakistaniProduce
#Pakistani_Bitcoin

🇵🇰 Pakistan Set to Roll Out First Digital Rupee in 2025! 🚀💱
A major milestone for the country’s financial evolution!

According to Nikkei Asia, the State Bank of Pakistan is teaming up with Japan’s Soramitsu to pilot the nation’s first Central Bank Digital Currency (CBDC) later this year.

💡 The initiative will run on Soramitsu’s CBDC platform and is backed by Japan’s Ministry of Economy, Trade & Industry under its Global South Future-Oriented Co-Creation Project.

Why it’s important:
✅ Quicker, smoother payment transactions
✅ Greater access to financial services
✅ Improved overall economic efficiency

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Good News for Pakistan 🇵🇰

Pakistan's crypto regulator invites crypto firms to get licensed, serve 40 million local users
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when a policeman can take just 20 PKR at the border from Afghan ppl, it is 100% possible that they will steal this amount too
the stealing of money is the habit and an official act of the Pakistan government because every staff of each department is involved in corruption. even this habit spreaded to the other countries from Pakistan. A 100 % change of Pakistan government will solve the problem .all the current civil and military employees should be sent to homes and hire new and train them based Islamic principal not the British law.
#pakcrypto
#PAK_TRADERS

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Binance Senior Leadership Visits Pakistan as Government Signals Strong Commitment to Digital Asset Regulation

Senior leadership from Binance, including Global CEO Richard Teng, visited Islamabad for high-level engagements with Pakistan’s top leadership.

The meeting was attended by the Prime Minister Mian Muhammad Shehbaz Sharif and the Chief of Defence Forces & Chief of Army Staff, Field Marshal Syed Asim Munir.

Chairman PVARA, Minister @BilalBinSaqib briefed participants on the mandate and progress of PVARA, underscoring Pakistan’s intent to build a robust, forward-looking digital asset regulatory framework.

#Binance #pakcrypto

🇵🇰 Pakistan just announced it plans to launch its own stablecoin,

backed by Pakistani *Rupee*.

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#Rupee #pakcrypto

#cryptouniverseofficial #pakcrypto #BinanceBlockchainWeek
Pakistan is considering a limited crypto amnesty scheme to regulate the growing cryptocurrency market. Here's what's happening:

*Key Details:*
- *17.5 million Pakistanis* are registered on Binance, with *4 million active traders* holding $5 billion in digital assets.
- The government aims to boost economic liquidity and reduce remittance costs using blockchain technology.
- *Annual remittances:* Pakistan receives $38 billion, with potential cost savings through blockchain.

*Concerns and Solutions:*
- *Banks' concerns:* Money laundering, security, and system protection.
- *Binance's proposal:* Real-time tracking, verified digital balances, and transparent data for loan assessments.
- *Regulatory framework:* Collaboration between banks, regulators, and licensed exchanges for a secure, transparent system.

*Government's Stance:*
- Finance Minister Aurangzeb emphasized the need for a secure, forward-looking system.
- The plan includes taxation, compliance, and access principles, with the crypto amnesty scheme playing a key role in future policy ¹ ² ³.

What do you think about Pakistan's crypto amnesty scheme?
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Pakistan's crypto landscape sees significant shift 🇵🇰📊
°
Pakistan's Cryptocurrency Market: Growth, Regulation, and Global Ambitions

Pakistan has taken a major step towards regulating its cryptocurrency market by inviting global crypto exchanges to apply for licenses through the newly established Pakistan Virtual Assets Regulatory Authority (PVARA).

🔸Key Developments

• Growing User Base: Pakistan is home to over 40 million crypto users and an estimated $300 billion in annual trading volume, making it one of the largest unregulated digital markets globally.

• Official Recognition: The government's move, including establishing the Pakistan Crypto Council (PCC) and appointing a Special Assistant to the Prime Minister on crypto and blockchain, indicates a formal shift towards embracing digital assets.

• Regulatory Framework: The State Bank of Pakistan (SBP) and the Finance Division are collaborating with the PCC to create a legal and regulatory framework for virtual assets.

• Global Interest: PVARA is actively encouraging global firms to enter the Pakistani market, with the goal of fostering competition and integrating Pakistan into the global digital economy.

• Economic Impact: Increased cryptocurrency adoption is seen as a way to enhance financial inclusion, boost economic growth, and attract global investment. Blockchain technology specifically holds potential for applications in banking, remittances, agriculture, and IT.

🔸Driving Factors for Adoption

• Youthful Demographics: Pakistan's young population, with a median age of 20.6 years and 70% under 30, is a major driver of crypto adoption.

• Growing Awareness: Initiatives like establishing crypto exchanges, supporting infrastructure, and educational programs are increasing awareness and facilitating adoption.

• Investment and Remittances: Many view cryptocurrencies as alternative investment avenues and a means for faster, more efficient cross-border remittances.

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Great news for Pakistanis
Pakistan has issued NOC to Binance and HTX

Now Pakistanis will be able to buy crypto in rupees directly from JazzCash, Easypaisa, bank transfer. No middleman (P2P guy) or high fees will have to be paid.

Till now, if money came from crypto to the bank account, the account would be frozen or the FIA ​​would send a notice. Now after major exchanges like Binance and HTX get NOC, this risk will almost disappear.

By selling crypto, rupees will be able to come directly to Pakistani bank accounts without any fear. Till now, many people used to suffer 8-12% loss on P2P.

And they will be able to convert dollars into crypto from Upwork, Fiverr and convert them directly into rupees in Pakistan. Payoneer's 3-5% fee will be saved and the money will be in the account in 5-10 minutes.

Now even the common man will be able to easily invest in Bitcoin, Ethereum, Solana, etc. Possibility of higher returns than the stock market.

If relatives send crypto from abroad, it will reach Pakistan for 1-2% fee (compared to Western Union's 8-12%).

Crypto companies, trading platforms, blockchain startups will come to Pakistan. Thousands of new jobs (developers, support, compliance, etc.) will be created.

When people buy crypto from abroad, dollars will come to Pakistan, foreign exchange reserves will improve
#Binance #pakcrypto

Big News for Crypto: Pakistani regulator (PVARA) clears two Cryto exchanges Binanace and HTX to operate in Pakistan. This will pave way for legal crypto trade in the country of 240 million.#pakcrypto
@CZ

Minister of State Bilal Bin Saqib MBE says, Bitcoin gives people a way to store value outside politics, printing and inflation.

Pakistan is coming boys.

If you don’t keep up with the trend, you risk falling behind.

#Pakistan #PakistanChinaFriendship #pakcrypto

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Good news
Binance has been legalized in Pakistan 🇵🇰
#pakcrypto
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🇵🇰Pakistan is among the top 3 countries in the world to adopt crypto: Bilal Bin Saqib✅🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉#pakcryptocouncil #pakcrypto #PCCLeadership #PCC $BNB
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