Tag: financial innovation

Pakistan’s National Assembly approves the Virtual Assets Bill 2026, establishing a regulatory authority to oversee digital currencies, virtual asset services, and compliance with international financial standards.

Pakistan is exploring the tokenization of up to $2 billion in domestic debt, signaling a move toward blockchain-based sovereign financing and wider retail investor participation.

Pakistan signs MoU with SC Financial Technologies LLC to enhance digital payment systems, cross-border transaction frameworks, and fintech infrastructure, boosting the country’s integration into global digital finance.

Pakistan’s Ministry of Finance signs MoU with SC Financial Technologies LLC to explore secure digital payment infrastructure, cross-border settlement innovations, and the potential use of the USD1 stablecoin.

JS Bank and Visa extend their strategic partnership in Pakistan to enhance digital banking, promote financial inclusion, and deliver innovative payment solutions for consumers and businesses.

Pakistan-based fintech startup Haball earns a spot on CB Insights’ prestigious 2025 list of the 100 Most Promising Fintech Startups, marking a major milestone in the company’s mission to revolutionize digital financial infrastructure across emerging markets.

Allied Bank, in collaboration with LUMS, hosted the 4th Fintech Hackathon to foster innovation in Pakistan’s financial technology ecosystem, bringing together startups, students, and tech professionals to develop digital solutions in areas like AI, green banking, and payments.

TallyMarks Consulting (TMC) has partnered with Azentio to accelerate Pakistan’s Islamic banking transformation through Shariah-compliant digital solutions, aligning with the SBP’s roadmap for innovation and regulatory compliance.

Allied Bank has revealed the top four winners of its 4th Fintech Hackathon 2025 in the Early-Stage Category, recognizing innovative solutions from BlockLease, Paymo, Cora, and AlliedVoice.

The SECP has announced the inaugural International Capital Market Conference & Expo (ICMC) 2025, set for November 11–12 in Karachi, in collaboration with PSX, NCCPL, CDC, and PMEX under the theme “Regional Integration and Innovation in Capital Markets.”

ICMAP has proposed a detailed framework to regulate cryptocurrency and launch a CBDC in Pakistan, aiming to modernize the financial sector, attract investment, and enhance financial inclusion.