Tag: remittances

Pakistan records a historic surge in Roshan Digital Account inflows reaching 320 million dollars in April 2024 signaling strong overseas confidence in digital banking.

Leading financial institutions and regulators join a high-level webinar to discuss how the Roshan Digital Account is bridging distances for overseas Pakistanis through digital banking.

Malik Bostan and Pakistan Crypto Council discuss how digital assets and formal crypto licensing could lower transaction costs and significantly boost national remittance inflows.

The Bank of Punjab and Stacks sign an MoU to transform Pakistan's remittance landscape through a pilot project exploring blockchain and stablecoin technology.

Finance Minister Muhammad Aurangzeb addresses the Pakistani diaspora in Washington, highlighting the Roshan Digital Account as a stable pillar for economic growth

Pakistan’s Roshan Digital Account reaches a cumulative inflow of $12.43 billion in March 2026, driven by seamless digital onboarding and Islamic investment growth.

Prime Minister Shehbaz Sharif announces the expansion of the Roshan Digital Account scheme to include foreign nationals and companies to strengthen Pakistan's financial markets.

Visa convenes Pakistan banking and fintech leaders to discuss stablecoin adoption, regulatory frameworks, and the future of digital asset settlements in the country.

PVARA launches a regulatory sandbox for virtual assets, providing a controlled environment for testing tokenisation, stablecoins, remittances, and Web3 solutions under regulatory oversight.

Pakistan’s finance ministry teams up with Visa to digitize government payments, enhance financial inclusion, and support cashless transactions as part of ongoing economic reforms.

Pakistan’s Roshan Digital Account (RDA) initiative recorded $205 million in gross inflows in October 2025, signaling sustained investor confidence from overseas Pakistanis and continued growth in digital banking and investment channels.

IFC and PFN are partnering for the Financial Sector Regulatory Sandbox Workshop on October 2, 2025, to share global experiences and private sector insights on open banking, remittances, and merchant onboarding, aiming to accelerate fintech innovation in Pakistan.