Pakistan’s Finance Minister Muhammad Aurangzeb has expressed cautious optimism about the country’s economic outlook following the reported agreement between the United States and Iran to end hostilities, saying there could be positive implications for growth next year but that it is too early to revise official projections. In an interview with Reuters, Aurangzeb said the […]
digital assets
Pakistan plans crypto tax regime ahead of budget
The government is preparing to bring Pakistan’s growing cryptocurrency market under a formal tax framework, with proposals under consideration to impose a capital gains tax ranging from 15 to 30 percent on crypto trading. The move is expected to become part of the upcoming federal budget and reflects broader efforts to regulate digital financial activities […]
Coinbase expands India operations with rupee trading
Coinbase has expanded its services in India by allowing customers to trade cryptocurrencies using the Indian rupee, marking a significant step in the company’s efforts to strengthen its presence in one of Asia’s largest digital asset markets. Read More: Indian rupee crashes amid rising oil prices and outflows The US-based cryptocurrency exchange announced that users in […]
SBP has lifted restrictions on banking services for licensed crypto currency firms
The State Bank of Pakistan (SBP) has lifted long-standing restrictions on banking services for licensed crypto currency firms, allowing them to open accounts with local banks for the first time in years. Read More: SBP opens formal banking to licensed virtual asset service providers The development was announced by Minister of State for Blockchain and Crypto […]
Bitcoin rebounds above $65K after hitting 16-month low
The world’s largest cryptocurrency, Bitcoin (BTC), has rebounded sharply after falling to $60,000, marking its lowest level in 16 months. The recovery is being driven by signs of revival in global technology stocks, which earlier in the week had triggered widespread sell-offs across risky asset classes, Reuters reported. Read More: Bitcoin plunges up to 8% in […]
Finmin’s aide highlights Pakistan’s vision on digital assets
Advisor to the Federal Finance Minister, Khurram Schehzad, said on Sunday that the government is actively working on policies aimed at empowering youth, particularly by creating opportunities in modern financial and digital sectors. Highlighting the global context, he noted that Bitcoin has a capped global supply of nearly 21 million units, making digital assets a […]
Bitcoin price rises to around PKR 25 million in Pakistan
KARACHI: Bitcoin has started 2026 on a positive note in Pakistan, with its value against the Pakistani Rupee (PKR) showing steady upward momentum. On January 2, the price of Bitcoin was recorded at around PKR 25 million per coin, reflecting an increase of nearly 1.5% over the previous 24 hours. The rise in the BTC […]
Pakistan evolving crypto landscape amid global power shifts
Pakistan already has widespread crypto currency adoption, particularly among young users and freelancers. Policymakers now acknowledge that leaving such a large, informal market unregulated carries serious financial and legal risks. According to Chainalysis, Pakistan ranked sixth globally for crypto adoption in 2022 and rose to third by 2025. While broader digitisation has lagged, crypto use […]
SBP steps up engagement on digital assets with PVARA
Pakistan’s push to regulate and adopt digital assets gained momentum on Thursday as the State Bank of Pakistan (SBP) held a meeting with the chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA). The engagement marked another step towards shaping a formal virtual assets framework in the country. Read More: Virtual-assets watchdog weighs withdrawing SBP’s crypto ban […]
Bitcoin tumbles in first annual drop since 2022
Bitcoin faces its first annual decline since 2022 after a turbulent year for cryptocurrencies. October’s massive crash caused billions in liquidations and left traders uncertain. November marked the largest monthly drop since mid-2021, leaving Bitcoin hovering around $89,000. The cryptocurrency’s performance closely followed global stock markets in 2025. Analysts say retail and institutional investors linked […]