{"id":6351,"date":"2025-12-18T15:33:21","date_gmt":"2025-12-18T10:33:21","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=6351"},"modified":"2025-12-18T15:33:21","modified_gmt":"2025-12-18T10:33:21","slug":"pvara-chief-sbp-governor-discuss-digital-asset-regulation-and-cbdc-roadmap","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=6351","title":{"rendered":"PVARA Chief, SBP Governor Discuss Digital Asset Regulation and CBDC Roadmap"},"content":{"rendered":"

Islamabad:<\/strong> Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib and State Bank of Pakistan (SBP) Governor Jameel Ahmad on Thursday held discussions on key developments related to digital assets, including adoption frameworks, Central Bank Digital Currency (CBDC) implementation, and Pakistan\u2019s broader regulatory roadmap for the digital asset ecosystem.<\/p>\n

In a statement shared on its official social media platform, PVARA described the engagement as a productive exchange, highlighting alignment between the two institutions on advancing a structured and secure approach to digital asset regulation in the country.<\/p>\n

The discussion comes shortly after the Ministry of Finance signed a Memorandum of Understanding (MoU) with Binance, one of the world\u2019s leading blockchain and digital asset technology companies, signaling Pakistan\u2019s intent to leverage emerging financial technologies to strengthen its capital markets and improve access for global investors.<\/p>\n

The MoU was signed at the Finance Division by Federal Minister for Finance and Revenue Muhammad Aurangzeb and Binance Chief Executive Officer Richard Teng, in the presence of Adviser to the Pakistan Crypto Council Changpeng Zhao (CZ).<\/p>\n

Under the agreement, the parties will explore potential collaboration on the tokenisation and blockchain-based distribution of Pakistan\u2019s real-world and sovereign assets. These may include government bonds, treasury bills, commodity reserves, and other federally owned assets.<\/p>\n

Subject to applicable laws, policies, and regulatory approvals, the initiative could involve assets valued at up to $2 billion, with the objective of enhancing liquidity, transparency, and international market accessibility.<\/p>\n

Source: Business Recorder<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib and State Bank of Pakistan (SBP) Governor Jameel Ahmad on Thursday held discussions on key developments related to digital assets, including adoption frameworks, Central Bank Digital Currency (CBDC) implementation, and Pakistan’s broader regulatory roadmap for the digital asset ecosystem. In a statement shared on […]<\/p>\n","protected":false},"author":1,"featured_media":6352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1305],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t