Pakistan Digital Assets Legal Framework: SBP Proposes Cryptocurrency Legalization

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6 months ago bitnews

Pakistan’s Digital Assets Legal Framework The State Bank of Pakistan (SBP) recently introduced a groundbreaking proposal on November 4, 2024, aiming to legalize digital assets in Pakistan. This proposal not only encompasses cryptocurrencies but also opens the door to central bank digital currencies (CBDCs), a significant step for a country that has historically been cautious