NIFT and Blockverse collaborate to evaluate Distributed Ledger Technology for secure and transparent financial services within Pakistan’s regulated banking framework.

Prime Minister Shehbaz Sharif initiates a digital wallet program to distribute fuel subsidies to public and freight transport operators amid global energy price hikes.

Hakeem Easy Finance announces a strategic partnership with The Golden Crust to provide working individuals with access to responsible and ethical financial solutions.

VEON CEO Kaan Terzioglu meets PVARA Chairman Bilal Bin Saqib to discuss opportunities under Pakistan Virtual Assets Act 2026 and expansion of digital asset access.

PVARA launches Regulatory Sandbox 2026 inviting firms to test asset referenced token models with direct regulatory oversight and controlled environment in Pakistan.

Pakistan has legalized crypto but lacks a comprehensive taxation framework, creating a structural gap between regulation and fiscal capture. Effective crypto taxation requires clear definitions, exchange-based withholding, international reporting alignment, and blockchain analytics to secure revenue and assert economic sovereignty.

Despite large-scale digital finance infrastructure, Pakistan’s transition away from cash remains limited. Weak behavioral adoption, household-based financial practices, and informality constrain the impact of systems like Raast, keeping digital payments widespread but shallow in everyday economic use.

Swich has entered into a strategic partnership with Pak-Qatar Group to enhance collaboration in digital innovation and financial technology, marking a new milestone in Pakistan’s fintech ecosystem.

Abbasi and Company Pvt. Ltd. has joined Bank AL Habib’s Digital Payment Initiative under the State Bank of Pakistan’s guidance, becoming one of the first PSX brokerage houses to adopt QR-based digital payments, advancing the country’s vision of a cashless and digital economy.

Wateen Telecom and Alfalah Insurance partner to develop an advanced AI driven digital insurance platform aimed at revolutionizing Pakistans insurance sector through automation.

Meezan Bank implement AddCore R22 platform with CRPL for cash management payments and collections, becoming the first bank in the industry to deploy the R22 version for corporate payment operations.

1LINK and InfoTel Pakistan strengthen the country’s card personalization ecosystem with a new Matica personalization machine, enhancing capabilities for PayPak, co-badged, and UPI card programs while boosting efficiency, security, and scalability.