Pakistan Enters New Crypto Era with Strategic Regulations and Bitcoin Reserves
Pakistan is stepping into a new chapter of digital finance as the government officially launched the Pakistan Virtual Assets Regulatory Authority (PVARA)* on July 8, 2025. This independent body is tasked with licensing and regulating crypto service providers across the country. The government is also in the final stages of passing the Virtual Assets Bill 2025, which will pave the way for a PKR-backed Digital Rupee** and offer tax incentives to blockchain-based startups.
In a groundbreaking move, the Pakistan Crypto Council (PCC) was formed in March 2025, with Bilal Bin Saqib as CEO and Binance co-founder Changpeng Zhao (CZ) as advisor. During the Bitcoin Vegas 2025 conference, the PCC announced Pakistan’s first Strategic Bitcoin Reserve — a government-backed BTC holding aimed at long-term financial strategy rather than trade. This reserve is expected to position Pakistan as a serious player in the global crypto economy.
On the international front, Pakistan recently signed a bilateral agreement with Kyrgyzstan to cooperate on blockchain and crypto development, strengthening ties within South and Central Asia for digital finance innovation.
Meanwhile, globally, cryptocurrency markets are showing bullish trends following hints from the U.S. Federal Reserve about a possible interest rate cut in September 2025. Bitcoin is stabilizing around \$114,000, while Ethereum has surged to \$3,627. Altcoins such as XRP and Cardano have seen gains ranging from 0.5% to 8%.
XRP, in particular, is drawing attention from analysts, with predictions of a 70% price surge to\$3.75 by late August — as long as its support remains above \$2.47.
Pakistan’s regulatory clarity, strategic moves, and global partnerships signal a positive future for cryptocurrency in the region.
#pakistan #independence #ProjectCrypto
#BitcoinTreasuryWatch #binance
View less
+1.82%
+6.42%
+4.37%
