Crypto moment? – Newspaper – DAWN.COM
CRYPTOCURRENCIES, best understood as digital assets, remain a niche segment within the global financial system despite much recent hype. For digital assets to gain serious traction, they must prove their value through solid use cases that enhance the existing ecosystem. There are signs that this may finally be happening as reality begins to catch up with the hype. What does this suggest for the future of Pakistan’s financial markets?
In Pakistan, the first official stance came in 2018 when the State Bank of Pakistan warned the public that digital assets “are neither recognised as legal tender nor authorised by SBP for issuance, sale, purchase, exchange, or investment”. Fast forward to March 2025, when the government established…
