Pakistan has replaced its 2018 crypto ban and now allows banks regulated by the State Bank of Pakistan to open accounts for crypto companies licensed by the Pakistan Virtual Asset Regulatory Authority under strict rules. Banks must verify licenses, perform strong due diligence, monitor transactions, and report suspicious activity to the Financial Monitoring Unit. Special PKR-only client money accounts must be used, with no cash transactions, no mixing of company and customer funds, and no lending against these funds. Banks may open limited accounts for firms awaiting licenses but cannot trade or hold crypto themselves. Overall, crypto banking is now allowed but tightly regulated. #XRP
New law: Crypto is moving from “grey area” to regulated Pakistan has passed the Virtual Assets Act 2026, which: Creates the Pakistan Virtual Assets Regulatory Authority (PVARA) Gives it power to: License crypto exchanges Approve token/coin issuance Regulate trading platforms and custodians
New law: Crypto is moving from “grey area” to regulated Pakistan has passed the Virtual Assets Act 2026, which: Creates the Pakistan Virtual Assets Regulatory Authority (PVARA) Gives it power to: License crypto exchanges Approve token/coin issuance Regulate trading platforms and custodians
In recent years, cryptocurrency has started gaining popularity not just in big cities like Karachi and Lahore, but also in small towns and villages across Pakistan. Thanks to smartphones, cheap internet, and platforms like YouTube and TikTok, many young people in rural areas are becoming curious about Bitcoin, Ethereum, and other digital currencies. 💡 Why Are Village People Interested? Easy access through mobile apps
Many people use apps like Binance and KuCoin on their phones, without needing a traditional bank account. Alternative to unstable income
With limited job opportunities in villages, some see crypto as a way to earn money through trading, mining, or freelancing payments. Influence of social media
YouTubers and TikTokers explain how to earn from crypto, making it seem attractive—even though it's risky. Remittances
People with family abroad are starting to look at crypto for faster and cheaper money transfers compared to traditional banks.
Cryptocurrency in Pakistan: An Emerging Interest Cryptocurrency is gaining attention in Pakistan, especially among the youth and tech-savvy population. People are exploring digital assets like Bitcoin (BTC) and Ethereum (ETH) for trading, investment, and even freelancing payments. However, the legal status of crypto in Pakistan is unclear. The State Bank of Pakistan (SBP) has not recognized cryptocurrency as legal tender and has warned against its use. In 2018, it banned banks from dealing in crypto, but peer-to-peer (P2P) trading and crypto use through global platforms (like Binance) has continued informally. Despite restrictions, Pakistan has ranked among the top 10 countries in crypto adoption, according to global reports. Many Pakistanis use crypto for remittances, savings, and hedging against inflation. The government is now considering how to regulate digital assets, with discussions around creating a legal framework and possibly launching a central bank digital currency (CBDC) in the future.
🪙 Basic Steps to Buy Crypto 1. Choose a Trusted Exchange → Use platforms like Binance → Make sure the exchange is reputable and secure. 2. Create an Account → Sign up with your email and verify your identity → Set up 2FA (two-factor authentication) for security. 3. Deposit Money → Add funds using a bank transfer, credit card, or local payment method (depending on the platform). 4. Buy Cryptocurrency → Select a coin (like Bitcoin, Ethereum, ) → Choose how much you want to buy and confirm the purchase. 5. Store Your Crypto Safely → Use a crypto wallet (software or hardware) for better security. → Don't leave large amounts on exchanges long-term.
Ethereum is a type of digital money, like Bitcoin, but it can do more than just send money from one person to another. It is a blockchain platform that lets people build and run computer programs called smart contracts.
What Makes Ethereum Special?
Smart Contracts: These are like automatic agreements that run on the Ethereum network. For example, you can create a contract that automatically sends money once a task is done, without needing a middleman.
Decentralized Apps (DApp s): Developers can build apps on Ethereum that don’t rely on any single company or server. These apps run on many computers worldwide, making them very secure and hard to control or shut down.
What is ETH?
ETH (Ether) is the digital currency used on the Ethereum network. You need ETH to:
Pay for using smart contracts.
Run DApps.
Reward people who help keep the network safe by verifying transactions.
Why is Ethereum Important?
Ethereum is changing how we think about the internet by allowing:
Trustless transactions: You don’t have to trust a company or person because the rules are automatic.
New financial tools: Like lending money, trading assets, or creating digital art (NFTs).
Innovation: People build new ideas on Ethereum every day.
Summary
Ethereum is more than just digital money. It’s a powerful platform that helps people create programs and apps that work automatically and fairly, without needing banks or companies in the middle. ETH is the fuel that makes all of this possible.
Ethereum is a type of digital money, like Bitcoin, but it can do more than just send money from one person to another. It is a blockchain platform that lets people build and run computer programs called smart contracts.
What Makes Ethereum Special?
Smart Contracts: These are like automatic agreements that run on the Ethereum network. For example, you can create a contract that automatically sends money once a task is done, without needing a middleman.
Decentralized Apps (DApp s): Developers can build apps on Ethereum that don’t rely on any single company or server. These apps run on many computers worldwide, making them very secure and hard to control or shut down.
What is ETH?
ETH (Ether) is the digital currency used on the Ethereum network. You need ETH to:
Pay for using smart contracts.
Run DApps.
Reward people who help keep the network safe by verifying transactions.
Why is Ethereum Important?
Ethereum is changing how we think about the internet by allowing:
Trustless transactions: You don’t have to trust a company or person because the rules are automatic.
New financial tools: Like lending money, trading assets, or creating digital art (NFTs).
Innovation: People build new ideas on Ethereum every day.
Summary
Ethereum is more than just digital money. It’s a powerful platform that helps people create programs and apps that work automatically and fairly, without needing banks or companies in the middle. ETH is the fuel that makes all of this possible.
Litecoin's price has shown recent upward momentum, currently trading at $112.84, bolstered by strong technical signals and growing institutional interest.
#eigen EIGEN has experienced a 3.24% price increase in the last 24 hours, reaching $1.403, driven by strong market momentum and significant ecosystem developments