Pakistan Accelerates Steps for CBDC - Coinleaks
Current Date:September 15, 2024

Pakistan Accelerates Steps for CBDC

State Bank of Pakistan, 2025the central bank digital currency ( CBDC) has stepped up its steps to publish.

The increasing adoption and uses of cryptocurrencies have also mobilized countries. However, while countries approached cryptocurrencies with a distance, they focused on blockchain technology. Institutions or governments that do not want to lag behind a new technology, especially CBDC he works hard on it. The European Union concentrates on the laws CBDCabout, PakistanOne step has come. State Bank of Pakistan, CBDCbegan to take rapid steps in this regard.

Pakistan Committed to CBDC

Crypto Technologies that support currencies are seen as a way to improve the global economy. In this context, the central bank digital currency ( CBDC), more fastand more cheapIt provides financial comfort.

Pakistan, own CBDCto start the 2025 marked the year. As this target date is approaching, new laws have been signed within the country. Country Management, CBDCtook action to expedite his work. Pakistan, Electronic Money Institutionsand digital payment toolsSigned new laws for organizations offering

local media channel Arab NewsAccording to world BankHe also helped in this work.