In a significant shift in policy, Pakistan is moving toward legalizing cryptocurrencies—but with a catch. According to Bloomberg, the legalization will be focused exclusively on foreign investments, allowing regulated crypto transactions while still restricting local trading.
JUST IN: 🇵🇰 Pakistan to Legalize Crypto to Attract Foreign Investment – Bloomberg
— AltCoiners.live (@alt_coiners) March 20, 2025
📢 Major Policy Shift! Pakistan aims to embrace digital assets to boost its economy.
💰 Foreign investments & innovation expected to rise.
🔎 Regulatory framework in progress to ensure compliance &… pic.twitter.com/tcCTDPRCII
A Step Toward Economic Revival
Amid economic challenges and a weakening currency, Pakistan’s government sees crypto as an opportunity to attract foreign capital. By legalizing crypto investments, the country aims to position itself as a favorable destination for global investors while maintaining control over local usage.
The move is expected to bring in much-needed foreign exchange reserves, especially as Pakistan continues negotiations with the International Monetary Fund (IMF) over financial stability.
Government’s Stance on Crypto
While crypto remains largely banned for domestic use, officials have hinted at creating a regulated framework for institutional and international investors. This means Pakistani residents may still be restricted from trading crypto, but licensed foreign entities could soon operate in a compliant manner.
The State Bank of Pakistan (SBP) and the Securities and Exchange Commission (SECP) are reportedly working on policy guidelines to ensure that crypto inflows comply with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
Impact on the Crypto Industry
The decision could open doors for crypto exchanges, investment firms, and blockchain startups looking to enter the Pakistani market. However, regulatory clarity will be key in determining how these investments are structured and whether local players will benefit from this shift.
As the global adoption of crypto accelerates, Pakistan’s cautious but strategic approach signals its intent to integrate digital assets into its economic landscape—while keeping a firm grip on local access.
Author
Surabh Yadav
