State Bank of Pakistan - bigspay: FinTech, Blockchain, and Crypto News

SBP to establish centralized banking data repository under Section 165AB

SBP to Get Centralized Access to Bank Data Under New Tax Rules

The State Bank of Pakistan (SBP) has been empowered to establish and operate a secure centralized virtual repository of banking data, bringing together prescribed information on financial transactions maintained by…

Zara Fatima September 10, 2026

SBP’s redesigned Pakistani currency notes face delays as proposed designs remain under government review

FinTech & TradFi

SBP’s New Currency Note Designs Face Delays

The State Bank of Pakistan (SBP) is facing delays in finalizing Pakistan's redesigned currency notes, with the process having continued for nearly two years. SBP officials told the Senate Standing…

Zara Fatima September 1, 2026

The Lahore High Court rules that P2P cryptocurrency transactions alone do not constitute fraud or an electronic crime in Pakistan.

Crypto Markets & Assets

LHC Rules P2P Cryptocurrency Transactions Are Not a Crime by Themselves

The Lahore High Court (LHC) has ruled that peer-to-peer (P2P) cryptocurrency transactions and the receipt of related funds in bank accounts, by themselves, do not constitute fraud or an electronic…

Zara Fatima August 3, 2026

Pakistan banking sector records 9.1% balance sheet growth in H1CY26

FinTech & TradFi

SBP Keeps Interest Rate Unchanged to Start FY27

Pakistan's central bank chose caution over commitment as it opened the new fiscal year. The State Bank of Pakistan (SBP) kept its benchmark policy rate unchanged at 11.5% at its…

Zara Fatima July 27, 2026

State Bank of Pakistan reports foreign exchange reserves rising to $17.258 billion for the week ending July 17, 2026

FinTech & TradFi

Pakistan’s SBP Reserves Rise $33 Million to $17.26 Billion

Pakistan's foreign exchange reserves posted a modest gain in the latest weekly reading, steadying after a sharp debt-related dip the week before. According to the State Bank of Pakistan (SBP),…

Zara Fatima July 23, 2026

Chart showing Pakistan's freelancer foreign exchange earnings reaching a record $1.76 billion in FY2025-26

FinTech & TradFi

Pakistan’s Freelancers Earn Record $1.76 Billion in FY2025-26

Pakistan's freelance economy just posted its biggest year ever by a wide margin. According to data released by the State Bank of Pakistan (SBP), Pakistani freelancers earned a record $1.76…

Zara Fatima July 20, 2026

Chart showing mobile banking apps accounting for 78% of Pakistan's digital payment transactions in Q3 FY26

FinTech & TradFi

Mobile Banking Apps Now Account for 78% of Pakistan’s Digital Payments

Mobile banking apps have become the default way Pakistanis pay digitally. According to the State Bank of Pakistan's (SBP) Quarterly Payment Systems Review for January–March 2026, mobile banking apps, branchless…

Zara Fatima July 7, 2026

InvestPak digital portal interface for investing in Pakistan government securities

FinTech & TradFi

InvestPak Portal Opens Pakistan’s Rs82 Trillion Government Securities Market to Investors

Pakistan has formally launched InvestPak, a digital platform that lets individuals and businesses invest directly in government securities a move designed to widen the country's investor base and ease the…

Zara Fatima July 6, 2026

FinTech & TradFi

Pakistan’s Digital Payments Hit 92% of Retail Transactions in Q3 FY26

Pakistan's shift away from cash has crossed another threshold. According to the State Bank of Pakistan's (SBP) latest Payment Systems Quarterly Review for Q3 FY26 (January–March 2026), digital channels now…

Zara Fatima July 2, 2026