State Bank of Pakistan Lifts 2018 Crypto Banking Ban, Allows Accounts for Licensed Virtual Asset Providers
Islamabad, — The State Bank of Pakistan (SBP) has formally allowed commercial banks to open and maintain bank accounts for licensed Virtual Asset Service Providers (VASPs) and their customers, marking a significant policy shift toward regulated digital finance.In BPRD Circular Letter No. 10 of 2026 issued on April 14, the central bank withdrew its 2018…
