Pakistan To Launch First ever Digital Rupee This Year! š„
The State Bank of Pakistan is teaming up with Japanās Soramitsu to launch a pilot Central Bank Digital Currency (CBDC) later this year a digital Pakistani rupee.
Funded by Japanās Ministry of Economy, the project aims to make payments faster, boost financial inclusion, and cut cash-handling costs especially in rural areas where most people donāt have bank accounts.
With 250M people and a $400B economy, this could be Pakistanās biggest leap yet into the future of money. š
Could this digital rupee change Pakistanās entire banking game?
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