Storyline

Pakistan's crypto regulator calls for dialogue after Islamic ruling against crypto payments

Pakistan's virtual-assets regulator has urged continued dialogue with Islamic scholars following a fatwa that prohibits using cryptocurrencies, including stablecoin USDT, for payments.

Published 2026-07-12 12:26 UTCUpdated 2026-07-12 21:25 UTC
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Evidence trail (top sources)
top sources (3 domains)domains are deduped. counts indicate coverage, not truth.
3 top sources shown
Cointelegraph
cointelegraph.com · cointelegraph.com · 2026-07-12 12:26 UTC
Overview

Pakistan's virtual-assets regulator has urged continued dialogue with Islamic scholars following a fatwa that prohibits using cryptocurrencies, including stablecoin USDT, for payments.

Score total
1.59
Momentum 24h
4
Posts
4
Origins
3
Source types
2
Duplicate ratio
25%
Why now
  • The fatwa against crypto payments was recently issued, prompting immediate regulatory response.
  • Stablecoins like USDT are widely used, making the ruling particularly significant.
  • Ongoing debates could shape Pakistan's emerging digital asset framework.
Why it matters
  • The ruling impacts the acceptance and use of cryptocurrencies in Pakistan's payment systems.
  • It highlights the challenge of aligning crypto regulation with Islamic legal principles.
  • The regulator's dialogue approach may influence future digital asset policies in Pakistan.
Continuity snapshot
  • Trend status: insufficient_history.
  • Continuity stage: broad_confirmed.
  • Current status: open.
  • 4 current source-linked posts are attached to this storyline.
All evidence
All evidence
Cointelegraph
cointelegraph.com · cointelegraph.com · 2026-07-12 12:26 UTC
Crypto fatwa sparks debate over Pakistan’s digital asset framework
the_block_crypto · theblock.co · 2026-07-12 21:25 UTC
Pakistan seeks crypto dialogue after scholar rejects USDT payments
Crypto.News · crypto.news · 2026-07-12 15:51 UTC
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Top origin domains (this list)
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  • theblock.co (1)
  • crypto.news (1)