Pakistan has become the 8th-largest cryptocurrency market in the world, with over $25 billion held in digital assets-surpassing its own national reserves.
Despite a 2023 bon, more than 25 million Pakistanis actively use crypto. Soaring inflation and currency devaluation drove this surge.
In July 2025, Pakistan established the Pakistan Virtual Assets Regulatory Authority (PVARA) and allocated 2,000 MW for Bitcoin mining and Al infrastructure.
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