# Digital Assets Shift Pakistan's Financial Control

> Pakistan must balance foreign digital money with state control to avoid financial fragmentation.
- Title: Digital Assets Shift Pakistan's Financial Control | Shortify
- Summary: Pakistan must balance foreign digital money with state control to avoid financial fragmentation.
- Keywords: virtual assets act, pakistan virtual assets service provider, us dollar stablecoin, central bank digital currency, rupee stablecoin, state bank of pakistan, imf, digital assets regulation, pakistan, Daily Times
- Source: Daily Times — https://dailytimes.com.pk/1579112/digital-assets-reliance-control
- Author: Sajid Salamat
- Published: 2026-11-10T04:58:10+00:00
- Read time: 1 min
- Topics: virtual assets act, pakistan virtual assets service provider, us dollar stablecoin, central bank digital currency, rupee stablecoin, state bank of pakistan, imf, digital assets regulation, pakistan, news
## Digital assets' new role
Digital assets are becoming part of money, securities and collateral dynamics, shifting from supervision to control.
## Three digital asset categories
Crypto assets like bitcoin, digital money including stablecoins and tokenised deposits, and tokenised financial instruments.
## State control pressure points
Digital assets pressure state control over money, financial infrastructure, and enforcement of financial rules.
## Foreign digital money risks
Dollar-linked stablecoins allow users outside the us banking system to hold and move dollar value globally.
## Infrastructure dependency
Relying on foreign digital infrastructure deepens dependency on legal regimes and governance.
## State Bank's role
The state bank allows banks to serve pakistan virtual assets service providers and is formulating policy for digital asset alignment.
## Pakistan's digital asset progress
Pakistan passed the virtual assets act in march 2026, signed an mous on us dollar stablecoin, and explores rupee stablecoin and cbdc.
## Key takeaway

Pakistan needs to set boundaries on foreign digital assets before adoption deepens reliance, ensuring state control over critical financial systems.