Pakistan | ForkLog

ForkLog 15.04.2026

Pakistan’s Central Bank Lifts Ban on Crypto Operations for Banks

The State Bank of Pakistan has lifted an eight-year ban on cryptocurrency operations. Local financial institutions are now permitted to open accounts for VASP and their clients.

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ForkLog 204 14.09.2025

Pakistan Invites Global Crypto Firms to Partner

The Pakistan Virtual Assets Regulatory Authority (PVARA) has invited leading global crypto companies to apply for participation in the country's emerging digital economy, according to local media reports.

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ForkLog 77 04.07.2025

Just add water: Pakistan between a crypto dream and hard reality

Pakistan seeks technological sovereignty, yet these ambitions collide with hard economic and political realities, low living standards and a long-running conflict with India, which controls the headwaters of key rivers. ForkLog examines how an Islamic republic with vast human capital is trying to build a digital future amid instability. First steps into the digital economy […]

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ForkLog 61 31.05.2025

IMF Questions Pakistan’s Bitcoin Initiatives

The International Monetary Fund (IMF) has expressed concerns regarding Pakistan’s initiatives in the realms of cryptocurrency and artificial intelligence, according to local media. The country’s authorities announced the allocation of 2 GW of surplus electricity for Bitcoin mining and powering data centers to support the AI sector. Speaking at the Bitcoin 2025 conference in Las […]

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ForkLog 77 29.05.2025

Marathon chief urges U.S. to mine bitcoin to build a strategic reserve

To build a strategic bitcoin reserve, the U.S. could levy a royalty on mining. An alternative is to mine bitcoin using surplus hydropower. The administration of U.S. President Donald Trump could fulfil its pledge to create a Strategic Bitcoin Reserve (SBR) by starting to mine the cryptocurrency, said MARA CEO Fred Thiel, according to CoinDesk. […]

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ForkLog 54 25.05.2025

Pakistan Allocates 2 GW of Power for Bitcoin Mining and AI Centers

The government of Pakistan will allocate 2 GW of surplus electricity for Bitcoin mining and to power data centers for artificial intelligence, according to local media reports. This initiative is part of the country’s digital transformation strategy, proposed by the Cryptocurrency Council and supported by the Ministry of Finance. The ministry announced tax incentives for […]

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ForkLog 41 10.04.2025

Pakistan to Harness Surplus Power for Bitcoin Mining

Pakistan intends to channel some of its surplus electricity into bitcoin mining and powering data centers for the AI sector. This was stated by the head of the Reuters reported, Bilal bin Saqib, advisor to the Minister of Finance and head of the Crypto Council. The country’s energy sector is grappling with issues of excess […]

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ForkLog 34 15.03.2025

Pakistan Establishes Council to Promote Cryptocurrency

Pakistan’s Prime Minister, Shahbaz Sharif, has announced the formation of a special cryptocurrency council tasked with implementing regulations for digital currency. This was reported by the local publication The Express Tribune. The council will be chaired by Finance Minister Muhammad Aurangzeb, with his advisor Bilal bin Saqib serving as the executive director. Other members include […]

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ForkLog 11 05.12.2022

Pakistan plans to launch CBDC by 2025.

The State Bank of Pakistan announced plans to launch a national digital currency (CBDC) by 2025 to boost financial inclusion and curb corruption.

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ForkLog 17 18.01.2022

Pakistani authorities plan to block cryptocurrency websites.

The Federal Investigation Agency (FIA) of Pakistan plans to approach the Pakistan Telecommunication Authority to block cryptocurrency websites, according to Dawn.

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ForkLog 36 13.01.2022

Media reports say Pakistan plans to ban cryptocurrencies

The State Bank of Pakistan (SBP) and the federal government have decided to ban the use of all cryptocurrencies. This is reported by Samaa citing a report presented to the Supreme Court of Sindh.

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ForkLog 24 10.01.2022

Pakistani authorities to examine Binance’s links to a $100 million crypto scam

The Federal Investigation Agency (FIA) of Pakistan is examining possible links between the Bitcoin exchange Binance and a multi-million-dollar cryptocurrency scam in the region, according to Dawn.

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