Pakistan’s Progress in Digital Finance
Pakistan is advancing in the field of digital finance.
SBP’s Proposal for Digital Assets
The State Bank of Pakistan (SBP) plans to officially accept digital assets like cryptocurrencies as legal money.
Introduction of a Central Bank Digital Currency (CBDC)
If approved, the SBP could create its own digital currency, called a CBDC.
A Shift in SBP’s Approach
This marks a shift from the SBP’s previous cautious stance, opening a new chapter in Pakistan’s financial world. 🇵🇰💰📱