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Pakistan Moves Toward Legalizing Cryptocurrency!

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In a major policy shift, Pakistan is taking steps to embrace digital currencies as part of its financial system. Proposed amendments to the State Bank of Pakistan (SBP) Act will give the central bank the authority to issue digital currency, regulate both physical and digital financial assets, and exercise custody over them. This move shows Pakistan’s recognition of the potential of digital currencies and its commitment to developing a modern, digital financial infrastructure.