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Pakistan central bank to launch pilot for digital currency, says governor | Khaleej Times

Retrieved on: 2025-07-09 16:22:22

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Pakistan central bank to launch pilot for digital currency, says governor | Khaleej Times. View article details on hiswai:

Summary

The article, written by Khaleej Times, outlines Pakistan's plans to launch a pilot digital currency and regulate virtual assets, as detailed by Governor Jameel Ahmad. This move is part of a global shift by central banks to modernize financial systems using blockchain technology. Pakistan’s initiative follows other nations in adopting similar strategies.

  • Pakistan to pilot a digital currency and legislate virtual assets.
  • The Pakistan Crypto Council aims to promote virtual asset use, appointing Binance's founder as an advisor.
  • Pakistan's central bank emphasizes a tight monetary policy, achieving significant inflation reductions.
  • Raised foreign reserves and ongoing IMF reforms underscore financial stabilization efforts.

Article found on: www.khaleejtimes.com

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