pakistanicrypto

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Pakistan is set to launch its first sovereign stablecoin, as announced by Bilal Bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), in early December 2025. The stablecoin will be tied to a physical currency, likely the Pakistani Rupee, and is part of a broader strategy to integrate virtual assets into the national economy, enhance financial inclusion, and potentially reduce remittance costs.
Key Details
Regulatory Body: The PVARA is the autonomous federal body overseeing the launch and regulation of virtual assets in Pakistan. It includes representatives from the State Bank of Pakistan (SBP), the Securities and Exchange Commission of Pakistan (SECP), and the Federal Board of Revenue (FBR).
Purpose: The initiative aims to leverage the potential of the country's rapidly growing crypto market, which has an estimated 40 million users and an annual trading volume exceeding $300 billion. Key goals include:
Boosting financial inclusion for the unbanked population.
Slashing remittance transaction costs, potentially saving the country billions of dollars annually.
Collateralizing government debt.
Progress: The government is also working on a prototype for a Central Bank Digital Currency (CBDC), with a pilot program expected to roll out before a wider launch. A private fintech startup named ZAR has also raised significant funding to introduce dollar-backed stablecoins in the country.
Regulation: Pakistan is inviting international crypto firms to apply for licenses under the new Virtual Assets Ordinance 2025, which provides a legal framework for the sector after years of an unofficial ban by the SBP. The new framework is expected to align with global standards to prevent illicit finance activities. #WriteToEarnUpgrade #BinanceBlockchainWeek #BinanceAlphaAlert #PrivacyCoinSurge
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🇵🇰 PAKISTAN STABLECOIN IS COMING

Pakistan has officially signaled its move into digital money with plans to launch a PKR-backed stablecoin.

VARA Chairman Saqib has confirmed that the country will “definitely launch” a national stablecoin — along with work already underway on Pakistan’s CBDC development.

This marks a major shift toward modern financial infrastructure, giving Pakistan a gateway into global crypto innovation and cross-border digital payments.

A new chapter for the Pakistani digital economy is taking shape.

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 🇵🇰 Pakistan Eyes a Regulated Digital Future | Binance Joins High-Level Dialogue
Pakistan has officially moved a step closer to establishing a secure and transparent digital asset ecosystem.
In a high-level consultation meeting, the Ministry of Finance, co-chaired by Finance Minister Senator Muhammad Aurangzeb and PVARA Chairman Bilal bin Saqib, engaged top financial leaders to shape the country’s national digital asset framework.
The session brought together senior officials from the State Bank of Pakistan, presidents of leading commercial banks, and key Binance executives, including Global CEO Richard Teng, marking a major moment for Pakistan’s Web3 roadmap.
Key areas of focus included:
🔸 Building secure nationwide deposit & withdrawal infrastructure
 🔸 Strengthening compliance, AML, and CFT standards
🔸 Promoting greater transparency in digital markets
🔸 Accelerating the shift toward an innovation-driven digital economy
As Pakistan aims to safely unlock digital asset growth, global-level collaboration like this signals strong momentum for the future of crypto adoption in the region.
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JUST IN.
🚨 BREAKING NEWS 🗞️
PAKISTAN STABLECOIN IS COMING
Pakistan just announced it plans to launch its own stablecoin, backed by Pakistani rupee.

VARA's chairman Saqib confirmed that the country will "definitely launch" a stablecoin, while also developing CBDCs
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Pakistan makes a decisive move into regulated digital finance. 🇵🇰

A high-level consultative meeting on the National Digital Asset Framework, co-chaired by Finance Minister Sen. Muhammad Aurangzeb and PVARA Chairman Bilal Bin Saqib, convened leaders from the State Bank, major banks, and Binance CEO @Richard Teng .

Focus areas included compliant on/off-ramps, AML/CFT standards, market transparency, and full integration of regulated financial institutions, laying foundations for safe, scalable digital asset adoption.

Key discussions highlighted:

◾ Formalizing citizen-held virtual assets

◾ Reducing friction across $38B+ remittance flows via blockchain

◾ Building Pakistan’s Web3 talent economy

◾ Exploring sovereign debt tokenization

With progress toward a global-standard VASP licensing regime, and Binance leadership engaging both PM Shehbaz and COAS Field Marshal Syed Asim Munir, Pakistan is positioning digital assets as core national financial infrastructure.

From observation to execution, Pakistan is building its digital finance future.

LFG Pakistan 🇵🇰


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#pakistanicrypto #WriteToEarnUpgrade Pakistan to launch first stablecoin, says official
Pakistan to launch first stablecoin, says official

News Desk
December 06, 2025
1 min read
minister of state for crypto blockchain and ceo of the pakistan crypto council bilal bin saqib photo x
Minister of State for Crypto, Blockchain and CEO of the Pakistan Crypto Council Bilal Bin Saqib. Photo: X
Pakistan is poised to enter the global digital finance arena with the launch of its first stablecoin, a move aimed at integrating virtual assets into the national economy, Bilal bin Saqib, chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), announced on Friday.#BinanceBlockchainWeek #BinanceAlphaAlert #CryptoRally

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Today
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🇦🇪 DUBAI IS NOW THE 1ST GOVERNMENT TO ACCEPT #BITCOIN AND CRYPTO IN THE MIDDLE EAST

IT’S HAPPENING!!
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#pakistanicrypto

The Pakistani Ministry of Finance held a consultative meeting on the national framework for digital assets, attended by senior officials from the State Bank of Pakistan, heads of major banks in Pakistan, and senior executives such as Richard Teng, co-chairman of Binance. The meeting focused on the next steps that Pakistan needs to take in building a secure, transparent, and innovation-driven ecosystem for digital assets, including: responsible promotion of on/off-ramp infrastructure, enhancing compliance standards and anti-money laundering/anti-terrorism financing measures, and increasing transparency in digital markets.
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The government of Pakistan has introduced strict new rules for crypto transfers. Under the new Virtual Asset Service Provider Governance & Operations Regulations 2025, every virtual asset transfer above Rs. 1 million will now require detailed verification. Virtual Asset Service Providers (VASPs) must collect, verify, and store information about both the originator and the beneficiary. They must also share this information with authorities whenever required.

This move shows that the government wants stronger control over large crypto transactions. It also aims to bring Pakistan in line with global anti-money laundering and counter-terror financing standards. The regulations make full compliance with the FATF Travel Rule mandatory. This rule ensures transparency in digital asset transfers across borders.

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THE REVERSAL WILL BE EPIC

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The IMF warned that Pakistan’s rupee 5.3 trillion (U.S $17-Bn) in corruption recoveries over 2023–24 represent only a tiny fraction of the country’s real economic losses.

The Finance Ministry released the overdue corruption diagnostics report after nearly three months, fulfilling a key IMF condition for unlocking $1.2 billion in loan tranches.

The IMF described corruption in Pakistan as “persistent and corrosive,” affecting every level of government and distorting public spending, procurement, and revenue collection.

The report says Pakistan could lift GDP by 5% to 6.5% in five years through deep governance reforms, stronger institutions, and greater transparency.

Pakistan has turned to the IMF 25 times since 1958, making it one of the fund’s most frequent borrowers. #pakistanicrypto #PakistaniProduce

Thailand just ELIMINATED capital gains tax on Bitcoin until 2029... 😱⚡️

THIS MOVE IS A MASSIVE SIGNAL THAT BITCOIN IS GEARING UP FOR GLOBAL MONEY DOMINANCE!!! 🔥🔥🔥
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"🌍💥 Be a part of the crypto world! 🚀
Pakistan 🇵🇰, India 🇮🇳, Bangladesh 🇧🇩, China 🇨🇳, or anywhere else in the world?
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Your opinion matters! Share your thoughts and experiences — let’s learn from each other! 📈
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🤑💸Pakistan is taking a big step toward digital money!💰🤔
The State Bank of Pakistan (SBP) has suggested a plan to recognize digital assets, like cryptocurrency, as legal currency. If approved, the SBP could create its own digital money, known as a central bank digital currency (CBDC). This is a major change from the SBP’s earlier careful approach, opening the door to a new era of digital finance in the country.

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Disclaimer:This article is for informational purposes only. Always conduct independent research and consult with a financial advisor before investing in any crypto currency. Crypto currencies are inherently volatile, and investments carry risks.

Disclaimer: Crypto currencies are highly volatile and speculative assets. Investing in crypto currencies involves significant risk, including the potential loss of your entire investment. It is important to do your own research and consult with a financial advisor before making any investment decisions.

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Statebank now says crypto isn’t illegal in Pakistan.Bilal bin Saqib,the PCC and everyone involved must be appreciated for these things as they only benefit you all.Cheers!
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State Bank Pakistan Official Statement On Crypto Regulation
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coming Soon #pakistanicrypto
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