Listen to article ISLAMABAD: Pakistan on Saturday announced that it has initiated a deal with President Donald Trump-backed World Liberty Financial to accelerate the journey towards legally adopting digital currencies, in a move that might follow a slew of legal changes to inch towards the crypto world. The Ministry of Finance made the announcement following separate meetings
Listen to article KARACHI: The State Bank of Pakistan’s 2024 Financial Stability Review signals improving macroeconomic conditions, with easing inflation, stable exchange rates, and a rebound in private sector credit. The banking sector showed strong performance, though concerns remain over rising borrowings, stressed microfinance banks, and global protectionist risks. The review highlights that macroeconomic conditions improved considerably
Listen to article KARACHI: Although late, as usual – a trait of any developing conservative country – Pakistan has finally decided to adopt cryptocurrency. However, better late than never. Prime Minister Shehbaz Sharif, on March 15, 2025, constituted the Pakistan Crypto Council (PCC), mandated to introduce new regulatory guidelines for launching digital currency – a move backed
Proscribed organisations, including Tehreek-e-Taliban Pakistan (TTP), are raising funds through cryptocurrency, with recent appeals for financial aid surfacing on online platforms. According to BBC Pakistan, TTP, in a message released on Telegram, has urged its supporters to contribute funds via a Binance account. This is not the first instance of a banned outfit seeking financial