Bithumb Error Sends $44 Billion in Bitcoin to Users, Sparks Market Shock and Regulatory Alarm
South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin during a promotion, triggering a sharp selloff and prompting regulators to consider on-site inspections.
Exploring Pakistan’s Banking Readiness for the Programmable Economy and RWA Tokenization
Leading fintech and banking experts will discuss Pakistan’s preparedness for a programmable economy, blockchain integration, and real-world asset tokenization at a panel hosted by the RWA Tokenization Academy on February 9, 2026.
Pakistan Finance Minister Aligns with SECP Leadership to Strengthen Capital Markets and Expand Financing
Finance Minister Muhammad Aurangzeb met SECP’s new leadership to discuss deepening capital markets, broadening financing sources, improving investor confidence, and exploring digital innovations including tokenisation of government debt.
Former Central Banker Shoukat Bizinjo Announces Candidacy For IBA Karachi Board Of Governors
Former State Bank of Pakistan official and Simpaisa’s Global Head of Regulatory Affairs, Shoukat Bizinjo, has announced his candidacy for the IBA Karachi Board of Governors Alumni Seat, outlining priorities around governance, digital finance education, inclusion, and alumni engagement.
Pakistan Banks Engage Zarkhez-e Program Highlighting Incentives and Risk Mitigation
Pakistan Banks Association (PBA) affirms voluntary participation in Zarkhez-e (Asaan Digital Zarai Qarza) initiative, emphasizing government-backed incentives, risk mitigation measures, and digital verification tools that make lending commercially viable.
Pakistan UAE Collaboration on Real-World Asset Tokenisation to Boost Investment and Transparency
Pakistan Virtual Assets Regulatory Authority (PVARA) engages UAE’s DAMAC Group and PRYPCO to promote regulated tokenisation of real estate, government assets, and future debt instruments, aiming to unlock dormant assets and attract overseas investment.
ADB Recommends Tax Reforms and Regulatory Clarity for Pakistan’s Fintech Sector
The Asian Development Bank highlights tax complexity and regulatory gaps as major hurdles for Pakistan’s fintech growth, urging clearer laws, lower rates, adaptive licensing, and regional cooperation to enhance financial inclusion.
Digitt+ Introduces Behavioural Analytics and Data-Driven Payment Solutions for Pakistan’s Digital Finance
Digitt+ launches a behavioural analytics layer and data-driven products for digital payments in Pakistan, providing real-time insights across transactions, card spend, and bill payments to enhance financial transparency and user engagement.
Pakistan Q1 FY26 Digital Payments Reach 2.8 Billion Transactions, Mobile Banking Dominates
Digital payments in Pakistan reached 2.8 billion transactions in Q1 FY26, with mobile app-based banking accounting for 81% of digital activity, highlighting rapid adoption of digital financial services.
Pakistan’s EMIs and the Arithmetic of Payments
Pakistan’s electronic money institutions face structural challenges in a rapidly digitising retail payments ecosystem. High transaction volumes, low wallet retention, and competition from branchless banking and Raast’s instant rails are shaping the survival and consolidation of EMIs, highlighting the intersection of technology, regulation, and financial incentives.