Pakistan Crypto Regulation Tracker

Real-time tracking of cryptocurrency regulations, policies, and legal status in Pakistan

Last updated: Today

SECP — Crypto Exchange Licensing

Securities and Exchange Commission of Pakistan

ALLOWED

SECP has granted licenses to multiple crypto exchanges as "Technology Service Providers". Registration and AML compliance required.

Source: secp.gov.pkUpdated: 2024-06-15

SECP — Digital Assets Guidelines

Securities and Exchange Commission of Pakistan

RESTRICTED

Digital assets recognized as securities. Trading allowed only through SECP-licensed platforms. ICOs require prior approval.

Source: secp.gov.pkUpdated: 2024-03-20

SBP — 2018 Crypto Ban

State Bank of Pakistan

RESTRICTED

SBP prohibited banks from facilitating crypto transactions. Individual holding/trading not directly banned but banking channels restricted.

Source: sbp.orgUpdated: 2024-01-10

SBP — Digital Rupee (CBDC)

State Bank of Pakistan

ALLOWED

SBP developing "Digital Rupee" CBDC. Pilot launched in 2024. Not a crypto but a government-backed digital currency.

Source: sbp.orgUpdated: 2024-08-01

FBR — Crypto Taxation

Federal Board of Revenue

RESTRICTED

Capital gains from crypto taxed at 15% (held <1 year) or 12.5% (held >1 year) under 2024 Finance Act. Filers get lower rates.

Source: fbr.gov.pkUpdated: 2024-07-01

FBR — Crypto Asset Declaration

Federal Board of Revenue

RESTRICTED

Crypto assets must be declared in annual wealth statements. Non-disclosure can result in 100% penalty on undisclosed assets.

Source: fbr.gov.pkUpdated: 2024-07-01

Lahore High Court — 2020 Ruling

Lahore High Court

ALLOWED

LHC ruled crypto trading is NOT illegal in Pakistan. Directed government to regulate rather than ban. Landmark legal victory.

Source: lahorehighcourt.gov.pkUpdated: 2020-10-20

SBP 2022 — Fintech Regulation

State Bank of Pakistan

RESTRICTED

SBP clarified that crypto remains restricted for banking. Fintechs cannot offer crypto services through banking channels without approval.

Source: sbp.orgUpdated: 2022-12-05

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⚠️ Disclaimer

This information is for awareness only. Consult a qualified legal professional for advice. Regulations may change.