The State Bank of Pakistan has officially launched its first trial of a Central Bank Digital Currency (CBDC). The pilot allows citizens to make payments through mobile wallets, QR codes, and even without bank accounts, making transactions faster and more inclusive.
Authorities say this system could improve financial inclusion, reduce reliance on cash, and bring more transparency. However, experts warn of challenges like cybersecurity risks, rural access, and adoption by local merchants.
Pakistan now joins countries like China and Nigeria already testing digital currencies.
❓Do you think Pakistan’s digital rupee can reshape the future of money, or will it face the same hurdles as others?
👉 Share your thoughts in the comments, and don’t forget to Like & Share this post for more updates.
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🇵🇰 Pakistan Begins Digital Currency Trial
The State Bank of Pakistan has officially launched its first trial of a Central Bank Digital Currency (CBDC). The pilot allows citizens to make payments through mobile wallets, QR codes, and even without bank accounts, making transactions faster and more inclusive.
Authorities say this system could improve financial inclusion, reduce reliance on cash, and bring more transparency. However, experts warn of challenges like cybersecurity risks, rural access, and adoption by local merchants.
Pakistan now joins countries like China and Nigeria already testing digital currencies.
❓Do you think Pakistan’s digital rupee can reshape the future of money, or will it face the same hurdles as others?
👉 Share your thoughts in the comments, and don’t forget to Like & Share this post for more updates.
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