How many crypto owners in Pakistan?

It is estimated that over 15 million people, 6.9% of Pakistan’s total population, currently own cryptocurrency.⁽¹⁾

Pakistan – potential crypto hub?

The interest for Bitcoin has increased in Pakistan with a rise in “bitcoin” and “cryptocurrency” online searches following the government’s discussion of cryptocurrency regulation.⁽²⁾

Are Pakistanis open to crypto?

With low banking penetration rates and “very limited POS terminals in the country”, the Bitcoin market in Pakistan “is still very new,” but it is fast growing as stated by Pakistan’s first and largest bitcoin trading platform Urdubit.⁽³⁾

Crypto adoption across Pakistan:

• “Pakistan discusses cryptocurrency regulation, no crypto ban…”
  The Securities and Exchange Commission of Pakistan emphasises that digital assets are the “start of a new era of digital finance.”
• “Pakistan address digitalisation of government administration…”
  The Pakistani prime minister conducted a meeting dedicated to digitisation of government operations.
• “Pakistan’s Central Bank aims to issue digital currency by 2025…”
  Its aim is to promote financial inclusion and efficiency and combat corruption.
• “Pakistani celebrity argues against crypto ban…”
  Waqir Zaka, co-founder of TenUp, a blockchain-based venture capital startup, is among the vocal critics of the Pakistani crypto ban.
• “Faysal Bank first in Pakistan to partner crypto-based firm Ripple…”
  Faysal Bank confirmed that it has launched a digitally enabled solution for its customers with Ripple.