Pakistan Starts National Digital Currency Trial
新闻台署名 来源：新华社、《黎明报》、《阿拉伯新闻》、阿纳多卢通讯社与《分钟镜报》。由 GSRRA 编辑部翻译并节选。
The State Bank of Pakistan (SBP) confirmed that its central bank digital currency (CBDC) project has entered the trial phase.
Officials said the upcoming digital currency will enable transactions without traditional cash or even a bank account, helping expand financial inclusion across the country.
The SBP is developing a comprehensive framework to regulate and monitor digital currency. Rules and guidelines will be finalized before the pilot launch to ensure smooth implementation and oversight.
The project is being designed to support everyday payments, allowing users to transfer money quickly and securely using mobile phones.
How the digital wallet will work
- The State Bank or licensed financial institutions will provide users with a mobile wallet app.
- Transactions will be processed instantly via QR codes.
- Registration will be completed using a national identity card.
- Money can be transferred by entering the recipient’s phone number.
- Government-related payments, such as taxes and fees, will also be payable through the wallet.
The system aims to provide a safe, simple, and paperless alternative to cash-based transactions.
Pakistan is not alone in exploring digital currency. Nigeria has already launched a fully operational CBDC, while China, Russia, and the United Arab Emirates are running pilot programs to test their own digital currencies.
Reference Link:- https://propakistani.pk/2025/09/12/pakistan-starts-national-digital-currency-trial/
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
