August 28, 2026

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Pakistan Legalizes Crypto: SBP Enacts Virtual Assets Act 2026

Finance, Technology, Uncategorized / Leave a Comment

WASHINGTON / ISLAMABAD — In a monumental shift for the nation’s financial landscape, the State Bank of Pakistan (SBP) has officially enacted the Virtual Assets Act 2026. This historic legislation marks the end of ambiguity regarding digital currencies, providing a comprehensive legal framework for the regulation, licensing, and trading of cryptocurrencies. For a country with […]

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Fitch Affirms Pakistan’s Rating at ‘B-‘ with Stable Outlook Amid Fiscal Progress

Business, Finance / Leave a Comment

WASHINGTON / ISLAMABAD — Global credit rating agency Fitch Ratings has affirmed Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. The affirmation reflects the country’s steady progress on fiscal consolidation and macroeconomic stabilization, bolstered by the ongoing International Monetary Fund (IMF) program. Key Economic Indicators for FY2026 According to the

Fitch Affirms Pakistan’s Rating at ‘B-‘ with Stable Outlook Amid Fiscal Progress Read More »

Trump Hormuz Blockade Comments

Trump Begins Hormuz Blockade as U.S. and Iran Eye More Talks

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WASHINGTON / TEHRAN — President Donald Trump has officially initiated a U.S. naval blockade of the Strait of Hormuz, a move designed to maximize pressure on Tehran. Despite this escalation, both nations are reportedly considering a new round of negotiations to secure a long-term ceasefire before the current agreement expires. Naval Blockade and the Global

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Officials in meeting discussing tech engagement

Aurangzeb Engages Big Tech, US Officials in Washington

Business, News, Technology / Leave a Comment

WASHINGTON, D.C. — Finance Minister Muhammad Aurangzeb held a series of high-level meetings with global technology and financial leaders on the sidelines of the World Bank–IMF Spring Meetings 2026. The discussions focused on Pakistan’s digital transformation, financial inclusion, and broader economic reform agenda. Google to Open Pakistan Office in July 2026 In a productive meeting

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