Signal
Pakistan lifts 8-year crypto banking ban, allowing banks to serve licensed crypto firms
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rsstelegram
cryptoregulationbankingvirtual_assets
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Evidence trail (top sources)
top sources (2 domains)domains are deduped. counts indicate coverage, not truth.2 top sources shown
limited source diversity in top sources
Overview
Pakistan's central bank has officially reversed its 2018 ban on banking services for cryptocurrency firms, permitting regulated banks to open accounts for licensed virtual asset service providers (VASPs).
Entities
BinancePakistan Virtual Assets Regulatory AuthorityBilal bin Saqib
Score total
1.42
Momentum 24h
4
Posts
4
Origins
3
Source types
2
Duplicate ratio
50%
Why now
- The change follows the enactment of the Virtual Assets Act 2026, providing a legal basis for crypto regulation.
- It ends an 8-year ban that had restricted crypto firms' access to banking services.
- This regulatory shift may encourage further crypto adoption and investment in Pakistan.
Why it matters
- It marks Pakistan's first structured move to integrate crypto firms into the formal financial system.
- Banks can now legally provide services to licensed crypto firms, improving operational infrastructure.
- The new framework includes safeguards to mitigate financial risks and ensure AML compliance.
LLM analysis
Topic mix: lowPromo risk: lowSource quality: medium
Recurring claims
- Pakistan's central bank has lifted its 2018 ban on banking services for cryptocurrency firms, allowing banks to provide services to licensed crypto companies.
How sources frame it
- DecryptNews: neutral
- Bitcoin Magazine: neutral
All evidence
All evidence
Decrypt
decrypt.co · decrypt.co · 2026-04-15 16:16 UTC
Bitcoin Magazine
bitcoinmagazine.com · bitcoinmagazine.com · 2026-04-15 13:23 UTC
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Posts loaded: 0Publishers: 2Origin domains: 2Duplicates: -
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Top publishers (this list)
- decrypt.co (1)
- bitcoinmagazine.com (1)
Top origin domains (this list)
- decrypt.co (1)
- bitcoinmagazine.com (1)