Bilal bin Saqib, Pakistan Crypto Council's (PCC) CEO and Special Advisor to Prime Minister announced Pakistan's first government led Strategic-Billion. Fresh wave in the Bitcoin Vegas 2025 event held in Las Vegas, USA. This will be a digital wallet at national level holding digital assets already in state custody — not for sale or speculation, but as a sovereign reserve signalling long-term belief in decentralised finance, as per Saqib.
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During a session of Senate's Standing Committee on Finance, the Federal Board of Revenue (FBR) officials revealed that several prominent property developers and real estate businesses have begun moving their operations to Dubai. The FBR officials cited the challenging tax environment in Pakistan as the reason for this move.
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State Bank of Pakistan (SBP) reported that Pakistan is on track to meet its external debt* servicing requirements for the fiscal year 2024–25 (FY25). Pakistan had total external debt servicing requirements of about $26.1 billion at the start of FY25 as per SBP Governor, which was considered a difficult task by analysts.
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UAE became the first country in the Middle East and North Africa (MENA) region to launch licensed tokenized real estate project. Last month i.e. April 2025, Dubai Land Department (DLD) and Dubai's crypto regulating authority Virtual Assets Regulatory Authority (VARA) agreed to link Dubai's real estate registry with the tokenization of property. Then this month, on 19th May 2025, VARA permitted trade of Real World Assets (RWA) tokens.
READ MOREThe IMF has mandated that Pakistan’s Federal Board of Revenue (FBR) impose a Capital Gains Tax (CGT) on crypto investments and real estate as a condition for securing the $3 billion bailout package.
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