Pakistan Holds $30 Billion in Unregulated Crypto Assets

Pakistan is holding cryptocurrency assets valued between $20 billion and $30 billion, yet the country lacks any laws or regulations to manage them, experts revealed at the Sustainable Development Policy Institute’s annual conference. They estimated that crypto trading in Pakistan could reach $300 billion, nearly matching the nation’s $400 billion GDP, highlighting the sector’s rapid growth. Despite this, Pakistan has no legal framework for buying or selling digital currencies. Experts urged the government to consider legalizing cryptocurrency gradually, starting with a Central Bank Digital Currency (CBDC) to improve remittances and oversight. They also emphasized that effective crypto management could bring $20–25 billion in economic benefits, but warned of cybersecurity risks and public mistrust.

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