Pakistan is set to collaborate with Japanese blockchain firm Soramitsu to test a Central Bank Digital Currency (CBDC) later this year. The pilot aims to evaluate the feasibility, security, and efficiency of a digital rupee, potentially paving the way for modernizing Pakistan’s payment systems and enhancing financial inclusion.
Pakistan will work with Japan’s Soramitsu to launch a Central Bank Digital Currency pilot in 2025. The project will assess the digital rupee’s potential for improving payment systems, boosting security, and expanding financial inclusion, marking a key step toward the country’s adoption of advanced financial technologies.
Pakistan CBDC pilot, Soramitsu partnership, digital rupee launch
