Hello and welcome to our latest update on the world of cryptocurrencies in Pakistan. In this blog, we’ll be covering some of the top news stories from the past week, so let’s get started.
Story : 1
Our first story comes from The State Bank of Pakistan, which has recently announced that it is working on a new digital currency.
According to reports, the bank is currently in the process of developing a central bank digital currency (CBDC) and has been conducting research and experiments in this area for the past few years.
While there is no timeline yet for the launch of this new currency, it’s clear that the SVP is taking steps to modernise Pakistan’s financial system.
Story 2 :
Next up, we have news about The growing popularity of cryptocurrencies in Pakistan. According to recent reports, there has been a surge in interest in cryptocurrencies among Pakistanis, especially among the country’s younger population.
This has led to an increase in the number of crypto exchanges and trading platforms in the country, as well as an increase in the adoption of cryptocurrencies for online transactions and payments.
That’s all for this week’s crypto news update from Pakistan. As always, we’ll be keeping a close eye on developments in this exciting and rapidly evolving industry.