Pakistan is now the 8th-largest cryptocurrency market in the world. People in Pakistan hold more than $25 billion worth of digital assets, which is even more than the country’s own national reserves.
Even though the government put a ban on crypto trading in 2023, this did not stop people from investing in it. Today, more than 25 million Pakistanis are actively using cryptocurrencies like Bitcoin and other digital coins.
Many people turned to crypto because the local currency keeps losing value and prices of goods keep going up due to high inflation. For many, crypto has become a way to save their money and protect it from losing value.
In July 2025, the government took an important step by setting up the Pakistan Virtual Assets Regulatory Authority (PVARA). This new authority will help make rules to control and manage crypto trading in the country. By having proper rules, the government hopes to make crypto safer for people to use and to stop illegal activities.
Pakistan has also decided to use 2,000 megawatts of energy for Bitcoin mining and artificial intelligence projects. This shows that the country wants to be a part of the growing global digital economy and create new job opportunities.
Experts believe that if Pakistan manages crypto properly, it can become a major player in the digital world. Many young Pakistanis are already learning about blockchain, mining, and AI to build their future in this fast-changing industry.
