Karachi, Pakistan – In a landmark move, the State Bank of Pakistan (SBP) is set to permit limited cryptocurrency purchases, marking the first step toward regulated digital asset adoption in the country.
According to officials, the initiative will allow Pakistanis to invest in cryptocurrencies under strict monitoring and caps, ensuring transparency while preventing misuse for money laundering or illegal transactions. The SBP emphasized that the policy is designed to strike a balance between innovation and financial security.
Financial experts believe the decision could pave the way for Pakistan to gradually embrace digital currencies, attract foreign investment, and bring local traders into a regulated framework. However, authorities clarified that cryptocurrencies will not be recognized as legal tender and will only be permitted for controlled investment purposes.
The SBP is expected to release detailed guidelines soon, outlining eligibility, transaction limits, and approved digital platforms for citizens.
