Pakistan adopts blockchain KYC platform for financial institutions
Pakistan’s central bank has approved blockchain KYC for banks, boosting security and efficiency with privacy measures, uniformity, cost…
Browsing Tag
State Bank of Pakistan
6 posts
XRP Gains Recognition: State Bank of Pakistan Hails Ripple’s Promising Work
The promising work of Ripple and XRP was recognized by the State Bank of Pakistan (SBP) in a…
State Bank Of Pakistan Calls Ripple and XRP ‘Encouraging Work’
In a surprising revelation from the State Bank of Pakistan (SBP) in their 2022 financial stability report, the…
Pakistan’s central bank confirms CBDC development, seeks to catch up with industry pioneers
The State Bank of Pakistan’s CBDC pilot is expected to be carried out in stages, roping in the…
Pakistan set to impose blanket ban on digital currencies
Part of the conditions set by the Financial Action Task Force to remove Pakistan from its “grey list”…
Pakistan draws up laws in preparation for CBDC launch in 2025
Pakistan is set on launching its CBDC by 2025, releasing new guidelines—with help from World Bank—for non-bank entities…