Pakistani Government's big move towards Crypto
KARACHI:
At the inaugural Pakistan Banking Summit 2025, Finance Minister Muhammad Aurangzeb emphasised the critical need to modernise Pakistan’s banking infrastructure through comprehensive digitisation. A particularly noteworthy aspect of his address was the appeal to authorities, especially the State Bank of Pakistan (SBP), to cultivate a progressive and adaptable stance towards cryptocurrency. In light of Pakistan's historically strict laws governing digital assets, this proclamation represents a substantial shift. This change in viewpoint is especially relevant now that Pakistan is becoming a global leader in the usage of cryptocurrencies. With an estimated 20 million active participants in the cryptocurrency market, Pakistan stands at a crossroads: it can either embrace this evolving financial landscape or risk falling behind as global adoption accelerates.