Recent months have seen considerable transition and transformation in the world of cryptocurrency as they became more relevant for global and local markets.
Legal Status of Cryptocurrency in Pakistan
In January 2025, the Pakistani government held consultations to regulate cryptocurrencies and blockchain technology. The Virtual Assets Bill 2025 seeks to regulate the definition and legal standing of digital assets in Pakistan. This development might open the markets for cryptocurrency investment and adoption within Pakistan. (Source)
Corporate Adoption
Globally, cryptocurrency adaptation is on the rise. In December 2024, Printemps, a French luxury department store, announced it would accept payments in Bitcoin and Ethereum. This action might establish a precedent for other brands and retailers to allow the incorporation of cryptocurrencies in their payment modes. (Source)
