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🇵🇰 Is there still a ban on crypto in Pakistan?

Yes — as of August 2025, the official ban on cryptocurrency in Pakistan remains in place.

The State Bank of Pakistan (SBP) has not yet lifted the ban, and no bank or financial institution is allowed to buy, sell, transact, or invest in crypto.

Sources:

Dawn News

Profit Pakistan Today

Reuters

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⏳ When will the ban end?

1. The new law is almost complete:

In July 2025, the government approved the Virtual Assets Ordinance 2025.

A new institution PVARA (Pakistan Virtual Assets Regulatory Authority) has been established under it.

PVARA will be responsible for:

Issuing licenses to crypto exchanges

Keep monitoring them

Protecting investors

But this law has not yet been fully implemented.

2. When will the ban be lifted?

The ban will remain in place until PVARA officially begins to issue licenses.

It is estimated that this process may start by the end of 2025 or the beginning of 2026.

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🔮 Future Outlook

✅ Regulation is coming

The government is bringing a complete crypto framework, which includes:

KYC

Anti-Money Laundering (AML)

Sharia-compliant principles will be included.

💰 New government strategy

The government intends to create a Bitcoin Strategic Reserve.

2,000 MW of electricity has been allocated for crypto mining and AI data centers.

Former CEO of Binance Changpeng Zhao (CZ) has been included as an advisor.

🏦 Inclusion in the financial system

Consideration is ongoing to integrate crypto into the traditional banking system, foreign exchange, and investment systems.

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📋 Summary table

Aspect Current status (August 2025)

Legal status of crypto ❌ Illegal / ban remains

New law ✅ Approved, not fully implemented

Regulatory authority (PVARA) ✅ Established

Is crypto trading allowed? ❌ Not yet

When might the ban be lifted? Perhaps by the end of 2025 or the beginning of 2026

Government actions BTC storage, mining, Binance consulting

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🧠 Advice for you

1. Do not invest in crypto at this time — as it is illegal and could be risky.

2. Keep an eye on official updates from PVARA and the State Bank.

3. For preparation, you:

Keep KYC documents ready

Learn Non-custodial Wallets (like MetaMask, Trust Wallet)

Follow news from Binance, PVARA

Study Blockchain and Web3

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🔔 Conclusion:

The ban on crypto in Pakistan is still in place, but the government has decided to create a complete legal framework for it.

This ban will be lifted when PVARA begins to issue official licenses.

This process could potentially be completed by the end of 2025 or early 2026.