Pakistan’s Crypto Comeback: The Ban is Off, and So Are the Gloves!
On the fourteenth day of April in the year of our Lord two thousand and twenty-six, the State Bank of Pakistan, in its infinite wisdom, issued BPRD Circular Letter No. 10, thereby rescinding an earlier decree from the year twenty eighteen that forbade banks from engaging with crypto firms. This laudable act follows the noble enactment of the Virtual Assets Act 2026, along with the establishment of PVARA, the Pakistan Virtual Asset Regulatory Authority-a dedicated body for the regulation of this most curious realm of virtual treasures.


