KARACHI/SINGAPORE (Reuters) -Pakistan’s central bank is preparing to launch a pilot for a digital currency and is finalising legislation to regulate virtual assets, Governor Jameel Ahmad said on ...
Move by State Bank aims to curb hoarding, monitor forex flows and support rupee stability in push for cashless economy, Bloomberg reports ...
Pakistan’s currency in circulation climbs to Rs10.9 trillion, nearing 19% yearly growth, as deposits lag and cash dependence keeps the CiC-to-M2 ratio near 28%, SBP data shows.
The Finance Ministry of Pakistan is considering forming a “National Crypto Council” to explore the legalization of cryptocurrencies in the country, according to a report from local publication Dawn.
New Delhi: Amid a strained economy, Pakistan is going all out with crypto. In a major policy shift, the State Bank of Pakistan (SBP) on Thursday agreed in principle to legalise digital currencies and ...
Cryptopolitan on MSN
Illegal crypto activity drains $600 million from Pakistan
Pakistan lost more than $600 million to illegal crypto transactions. Residents are buying dollars to purchase digital assets ...
KARACHI – Pakistan is witnessing a massive outflow of foreign exchange as nearly $600 million has allegedly been diverted ...
Pakistan loses $600 million to illegal cryptocurrency transactions this year, leading to a 23% drop in dollar inflows to ...
Pakistan’s state machinery has spent the past decade promoting digital transformation as a solution to governance ...
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