š° šµš° Pakistan Launches Pilot CBDC & New Crypto Regulation ā A New Era Begins?
š§ Key Summary
The State Bank of Pakistan (SBP) announced the launch of a digital currency (CBDC) pilot program while introducing the Virtual Assets Act 2025, a legal framework to officially regulate crypto assets in the country.
This move is aimed at modernizing the financial system, curbing inflation, and accelerating the adoption of blockchain technology in South Asia.
š Key Facts:
š¦ SBP launched a government-backed CBDC pilot.
š The Virtual Assets Act 2025 will establish an independent regulator for crypto & digital assets.
š¤ Pakistan is collaborating with Binance and global partners for technical support and education.
š» Mining activities and the use of digital assets will receive clear regulation ā no longer considered gray.
š Impact on the Crypto World:
Pakistan could become a pioneer of crypto & CBDC in the South Asian region.
This friendly regulation could attract investors & crypto projects to the country.
Binance further strengthens its position as a strategic partner of the government in digital transformation.
š¬ Insights from GLOBALSHOC.ID
Pakistan's move is not just a technology experiment. It signals that developing countries want to join the race for crypto & CBDC adoption ā especially as the global economy remains volatile.
Pakistan is not the first country, but it could be one of the most aggressive and strategic.
š² Want Daily Updates on AI, Crypto, and Web3?
Follow & connect with GLOBALSHOC.ID on Instagram, X (Twitter), and WA Channel for light, visual, and no-bullshit daily insights.
ā”ļø Full link in bio.#FOMCWatch $BTC
$
