NA Passes Virtual Assets Bill 2026 to Regulate Cryptocurrency
The National Assembly has passed the Virtual Assets Bill 2026, formally paving the way for the regulation of cryptocurrency in Pakistan. The bill was approved after Minister of Parliamentary Affairs Dr. Tariq Fazal Chaudhary moved a motion to suspend the regular assembly rules, allowing it to be taken up immediately. The legislation was presented on […]
Pakistan to Replace Rs10 Note with Coin
The federal cabinet is considering replacing the ten-rupee note with a coin to save billions over the next decade. A report by the State Bank of Pakistan (SBP) and Pakistan Security Printing Corporation (PSPC) highlighted that a ten-rupee note lasts only 6 to 9 months, while a coin can last 20 to 30 years. Currently, […]
Banks Report Rs671 Billion Profit in 2025
Pakistan’s banking sector posted combined profits of Rs671 billion in 2025, marking an 11% year-on-year growth, according to a report by Topline Securities. The growth was mainly driven by a significant decline in interest expenses, which offset lower interest income in a low policy rate environment, boosting overall net interest income (NII). United Bank Ltd […]