๐ฅ๐ฅ๐ฅ๐๐๐ค๐ข๐ฌ๐ญ๐๐ง ๐๐๐ญ๐ฌ ๐ญ๐ก๐ ๐๐ญ๐๐ ๐ ๐๐จ๐ซ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ฎ๐ซ๐ซ๐๐ง๐๐ฒ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง๐๐ฅ๐ฅ๐ธ
The State Bank of Pakistan (SBP) has unveiled an ambitious proposal to formally integrate digital assets, including cryptocurrencies, into the country's financial system. This groundbreaking framework, if sanctioned, would establish the foundation for recognizing cryptocurrencies as legal tender in Pakistan. Moreover, the plan envisions the introduction of a state-backed digital currency, signifying a potential shift toward the implementation of a Central Bank Digital Currency (CBDC).
This strategic move marks a notable departure from the SBPโs previously cautious approach toward virtual currencies. The proposed framework underscores the institutionโs commitment to harnessing the transformative potential of digital assets while ensuring their regulation and integration into the mainstream financial ecosystem.
By embracing digital innovation, Pakistan aims to modernize its financial infrastructure and align itself with the global trend of adopting digital currencies. The successful implementation of this plan could position the country as a regional leader in digital finance, driving economic growth and fostering technological advancement.
#CBDC #pakistancurrency #CryptoETFMania #BitwiseBitcoinETF #CryptoRegulation2025
๐ ๐๐ฉ๐ฉ๐ซ๐๐๐ข๐๐ญ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐ค๐