Tag: Soramitsu

Pakistan Selects Japan’s Soramitsu for Central Bank Digital Currency Pilot

The State Bank of Pakistan has partnered with Japanese blockchain developer Soramitsu to launch a central bank digital currency pilot, following the enactment of the Virtual Assets Act 2025 and the creation of a new regulatory framework for virtual assets.

Pakistan Partners with Japan’s Soramitsu to Pilot Central Bank Digital Currency in 2025

The State Bank of Pakistan and Japan’s Soramitsu will launch a pilot of a digital Pakistani rupee this year, aiming to enhance financial inclusion and reduce cash dependency with offline CBDC capabilities.