US EditionGood News for Pakistanis! State Bank to Allow Limited Cryptocurrency Purchases
The State Bank of Pakistan (SBP) has shared its plan to bring virtual assets into the legal financial system and to launch a digital rupee backed by the central bank. This major step was announced by SBP Deputy Governor Dr. Inayat Hussain during a briefing to the Senate Finance Committee. He confirmed that the earlier advisory which labeled cryptocurrency as “illegal” will soon be withdrawn. This change will open the door for a proper and regula…
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Good News for Pakistanis! State Bank to Allow Limited Cryptocurrency Purchases
The State Bank of Pakistan (SBP) has shared its plan to bring virtual assets into the legal financial system and to launch a digital rupee backed by the central bank. This major step was announced by SBP Deputy Governor Dr. Inayat Hussain during a briefing to the Senate Finance Committee. He confirmed that the earlier advisory which labeled cryptocurrency as “illegal” will soon be withdrawn. This change will open the door for a proper and regula…
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