US EditionPVARA Chief: Pakistan to Roll Out Stablecoin, Advance CBDC Plans
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Pakistan has confirmed its intention to launch its first stablecoin. It is an initiative that says a lot about the country's ambition. Indeed, it wants to catch up with its digital delay, secure its financial flows and impose itself in an increasingly tokenized global economy. Behind this decision, a much larger strategy is emerging. It mixes digital central bank currency, Bitcoin mining and massive deployment of IA. The article Pakistan is abou…
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Cryptocurrency News | Cryptocurrency Prices | Market CapPVARA Chief: Pakistan to Roll out Stablecoin, Advance CBDC Plans
Pakistan announced plans to launch its first government-backed stablecoin as a key step in integrating virtual assets into its national economy. Regulatory Push Pakistan plans to launch its first government-backed stablecoin as part of a strategic effort to integrate virtual assets into the national economy, the country’s top regulator announced on Dec. 6. Bilal Bin […]
Pakistan Stablecoin Launch: New Step for Digital Payments
Pakistan is moving into the digital currency space. The government plans to launch a stablecoin backed by the Pakistani rupee. This project is part of a larger effort to improve payments, boost financial inclusion, and explore digital alternatives to cash. Saqib, chairman of the Virtual Assets Regulatory Authority (VARA), said the country will “definitely launch” the stablecoin. He added that Pakistan is also working on central bank digital curr…
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