Pakistan is set to introduce a legal framework for cryptocurrency in foreign investments, marking a major policy shift from its previous anti-crypto stance. This move could position Pakistan as a leading digital asset hub in South Asia.
Bilal Bin Saqib, Chief Advisor to the Finance Minister, confirmed the shift, highlighting Pakistan’s goal of attracting international investment through a regulated crypto environment. He also noted the influence of Trump’s pro-crypto policies on global regulations.
The initiative follows the formation of a national crypto council under Prime Minister Shehbaz Sharif and discussions on creating a Bitcoin Strategic Reserve. Backed by the Finance Ministry, State Bank of Pakistan, and Ministry of IT, the framework aims to support crypto exchanges, venture capital firms, and fintech startups.
If implemented, Pakistan would become the first South Asian country to legalize crypto for investment, setting itself apart from India’s restrictive policies.
With an estimated 15–20 million crypto users, Pakistan already ranks ninth in global crypto adoption, according to Chainalysis. The new regulations could provide clarity for investors and boost the country’s financial standing.
Image Credit: Pixabay
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