Pakistan Reverses Seven-Year Crypto Ban, Permitting Banks to Offer Services to Digital Asset Providers
In a significant move, Pakistan's central bank has lifted its ban on banks providing services to cryptocurrency firms, notifying all financial institutions in the country of the change. However, banks are still barred from using their own funds or customer deposits to invest in, trade, or hold cryptocurrencies. This development follows the recent passage of the 2026 Virtual Assets Act, which esta…
April 15, 2026, 1:01 p.m.