Pakistan is taking a big step toward digital money! The State Bank of Pakistan (SBP) has suggested a plan to recognize digital assets, like cryptocurrency, as legal currency. If approved, the SBP could create its own digital money, known as a central bank digital currency (CBDC). This is a major change from the SBP’s earlier careful approach, opening the door to a new era of digital finance in the country.
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Pakistan moves to recognise digital currency

The State Bank of Pakistan (SBP) has proposed a significant framework to recognise digital assets, including cryptocurrency, as legal currency in Pakistan. If approved, the plan would allow the SBP to issue its digital currency, potentially paving the way for a central bank digital currency (CBDC) within the country. This shift would mark a major departure from the SBP’s previous cautionary stance on virtual currencies.

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Wich coin buy ???
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