Pakistan Lifts 8-Year Crypto Ban, Opens $25B Market Under Sharia Rules
On April 14, 2026, the State Bank of Pakistan officially lifted its eight-year ban on banks providing services to cryptocurrency companies. Now, regulated banks can open accounts for companies dealing with virtual assets, as long as those companies are licensed by the Pakistan Virtual Assets Regulatory Authority. This change replaces a complete ban from 2018 with a new, organized system established by the Virtual Assets Act of 2026.




