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Crypto Adoption: Expanding Governance and Infrastructure

In July 2025, the government formally established the Virtual Assets Regulatory Authority (PVARA) with emergency powers.

For crypto businesses in Pakistan, PVARA enforces consumer protection as a top priority.

The body will also ensure everyone follows the rules. At the same time, in response to this developing legislative framework, the central bank is gearing up to begin pilot programs for a CBDC.

Strategic Crypto Adoption and Energy Utilization

Pakistan pledged to establish a Strategic Bitcoin Reserve during the Las Vegas Bitcoin 2025 conference. Instead of being used for speculation, this reserve would be a sovereign store of value for financial security. Meanwhile, the government turned 2,000 MW of excess power into a new economic engine by allocating it to bitcoin mining and AI companies.

Way Ahead

Pakistan is positioning itself as a regional leader in blockchain innovation and cryptocurrency adoption. According to recent stats, there are an estimated 20 million crypto users with annual trade volume of over 300 billion US dollars in Pakistan. The country’s pivot toward digital finance could foster financial inclusion, lower remittance costs, and attract global tech investments.

With the recent establishment of crypto ties between Pakistan and El Salvador, the world waits. It remains to be seen how developing nations can modify their economies with this reliance on the blockchain.

Still, the path ahead is not without risks. Critics caution that fast-tracking crypto without robust oversight could lead to money laundering, illicit capital flows, and economic instability. Questions also remain around taxation, monitoring, and enforcement. Only time will tell how the tide settles.

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Abdul Wasay

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