⭐The State Bank of Pakistan (SBP) has announced its decision to legalize virtual assets and introduce a central bank-backed digital currency.

⭐September 03, 2025 (MLN): Pakistan is preparing to enter the digital finance era as the government moves toward legalizing cryptocurrency transactions and introducing its own central bank digital currency (CBDC) under the proposed Virtual Assets Bill 2025.
⭐Under the proposed system, Pakistanis will be able to convert traditional rupees into digital currency via licensed exchanges.

⭐These exchanges will also provide platforms for trading in cryptocurrencies such as Bitcoin, which until now operated in a regulatory grey zone.

⭐Analysts view the Virtual Assets Bill 2025 as a landmark step toward modernizing Pakistan’s financial ecosystem, boosting fintech adoption, and attracting blockchain-related investment in line with global trends.
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