Pakistan Ends 8-Year Crypto Banking Ban: What the SBP's New Rules Mean for 27M Users

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Story Highlights* Pakistan’s central bank reversed its 2018 crypto banking ban on April 14.

  • It now allows licensed firms to open bank accounts for the first time under strict rupee-only, segregated account rules.
  • Pakistan processed $25 billion in crypto transactions in 2025 and ranks third globally, with 27 million users.
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