🚨 A historic step:
Pakistan's digital rupee! 💥🇵🇰
Pakistan's entry into the world of digital currency! 🚀
🌐 What's happening?
📣 The State Bank of Pakistan (SBP) has announced that a pilot program for the digital rupee (CBDC) will be launched by the end of 2025! 🏦💻
🗣️ Governor of the State Bank, Jameel Ahmad, announced this at the Reuters NEXT Asia Summit 🗓️
📜 At the same time, the Government of Pakistan is finalizing legislation for virtual assets to provide legal protection for the digital economy ⚖️🛡️
🔧 What technology is being used?
🤝 Pakistan has partnered with Japan's globally renowned blockchain company Soramitsu 🇯🇵🔗
🪙 The digital rupee will be based on Hyperledger Iroha — a modern and secure blockchain platform 🌍🧠
📡 A fantastic feature: payments will be possible even without the internet! 📱🚫
🏞️ This feature will be revolutionary, especially for rural areas 👨🌾
🏛️ Legal and regulatory measures
📘 Pakistan has passed the Virtual Assets Act 2025, under which the Pakistan Virtual Asset Regulatory Authority (PVARA) has been established 🏛️
⚙️ This institution will provide:
📋 Licensing system
🧪 Regulatory sandbox
🧾 No-action letters
☪️ Shariah Advisory Committee
⚖️ Autonomous appellate tribunal
🖋️ This ordinance was issued on July 8, 2025 📅
🚀 A broader crypto policy and vision
📅 The Pakistan Crypto Council (PCC) was launched in March 2025 — aimed at promoting crypto regulations and technology 🇵🇰💡
🧑💼 It is being led by Bilal bin Saqib, with Binance founder Changpeng Zhao also serving as an advisor 🌐🔥
💰 The government is also working on the following projects:
🇵🇰 National Bitcoin reserve
⚡ Crypto mining with excess electricity
🧠 Establishment of AI data centers
💡 Benefits — why is this such a big step?
📉 Cost reduction
💸 Pakistan spends 28 billion rupees annually on cash management — the digital rupee can significantly reduce this 💰
🏦 Financial inclusion
📲 82% mobile users and 38 million remittance recipients — CBDC can bring millions into the banking system 👨👩👧👦
⚙️ Transparency and speed
🔗 After integration with the RAAST system:
🧠 Programmable money
📜 Smart contracts
✅ Direct fund transfers
🌱 Economic modernization
📊 Digital finance infrastructure is being built under Project URAAN 🚧
🌐 Global alignment
✅ Compliance with FATF regulations will control illegal activities and gain the trust of foreign investors 🌍🔒
🔮 What lies ahead? Predictions
📅 Full launch by 2026 — if the pilot is successful, it can be implemented nationwide
🌍 International remittance revolution — money will be transferred quickly and smartly
💼 The rise of FinTech — a surge of new apps, digital wallets, and services
🎯 Increased government transparency — reducing the scope for corruption in projects like BISP
👁️ Questions on privacy — a debate on digital surveillance of consumers is expected
🏁 Summary
🇵🇰 Pakistan is on the brink of a digital financial revolution!
💱 With advanced Japanese blockchain, strong legislation, and public financial inclusion, the digital rupee is set to open new avenues of financial freedom for every Pakistani!
📢 Now you can send, receive, and spend money — quickly, securely, and smartly! 🔒⚡💸
🟢✨ The future is digital — and Pakistan is ready to lead! 🚀💚
