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POLICY & REGULATION

Pakistan moving towards regulated virtual-assets framework, finance minister says

Finance minister Muhammad Aurangzeb told a United Nations digital cooperation event that Pakistan is moving to a regulated virtual-assets framework, citing tokenisation for remittances and SME financing.

By Editorial Desk3 min read

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State Bank of Pakistan Outlines Phased Rollout for Wholesale CBDC Pilot

The central bank has detailed a timeline for integrating commercial banks into its digital currency framework, prioritising wholesale interbank settlement before any retail consideration.

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Pakistan Focus

Global Highlights

Regulatory Briefings

  • Wholesale CBDC Pilot Framework

    State Bank of PakistanSep 13, 2026

  • Regulatory Sandbox Guidelines, Third Cohort

    SECPSep 4, 2026

  • Consultation Paper on Digital Asset Capital Gains

    Federal Board of RevenueAug 26, 2026

  • Virtual Asset Service Provider Licensing Standards

    PVARAAug 13, 2026

Forex Trade Rates

Foreign Exchange

Currency pairRate (mid-market)
USD/PKRUS Dollar to Pakistani Rupee
277.74
USD/JPYUS Dollar to Japanese Yen
157.39
USD/CHFUS Dollar to Swiss Franc
0.8205
GBP/USDPound Sterling to US Dollar
1.3377
EUR/USDEuro to US Dollar
1.1477

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Regulatory Tracker

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AuthorityFramework / InitiativeLatest UpdateStatus
State Bank of PakistanWholesale CBDC Pilot FrameworkSep 13, 2026Active
SECPRegulatory Sandbox Guidelines, Third CohortSep 4, 2026Active
Federal Board of RevenueConsultation Paper on Digital Asset Capital GainsAug 26, 2026Active
PVARAVirtual Asset Service Provider Licensing StandardsAug 13, 2026Active

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Digital Asset Sovereignty

Our fourth quarterly examines what monetary sovereignty means when settlement infrastructure is no longer exclusively domestic — with reporting on the SBP pilot, a long read on tokenised sovereign debt, and interviews with three central bank technologists.

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