Embracing the Digital Leap: Pakistan’s CBDC & Crypto Regulation in 2025
Embracing the Digital Leap: Pakistan’s CBDC & Crypto Regulation in 2025 🔍 Why This Matters Now In 2025, digital finance is rapidly evolving in Pakistan. The State Bank’s upcoming pilot of a Central Bank Digital Currency (CBDC) , the launch of PVARA (Pakistan Virtual Assets Regulatory Authority) , and nationwide crypto licensing are transforming how people invest, save, and transact Wikipedia . These initiatives are reshaping trust frameworks, financial inclusion, and long-term investing. Let’s break down what they mean for you. 1. What Is a CBDC & Why Pakistan Is Launching One A CBDC like the one Pakistan is piloting is digital currency issued by the central bank—fully backed by fiat rupee and legal tender. Unlike crypto, it’s centralized, regulated, and safer. It promises instant settlement, lower transfer costs, and reduced reliance on physical cash. It complements Pakistan's growing fintech sector and e‑banking infrastructure, which now serves over 40 mi...