INTRODUCTION The State Bank of Pakistan took a revolutionary step towards the digitalization of currency by allowing the use of cryptocurrency under an exclusive acquisition. This decision was made with the introduction of the Virtual Asset Bill 2025, which withdrew the advisory against virtual assets and introduced a Digital Rupee - its version of a Central Bank Digital Currency (CBDC). In a digital policy shift, the State Bank of Pakistan (SBP) has officially moved to legalize cryptocurrency and initiate the launch of a Central Bank Digital Currency (CBDC) — the Digital Rupee. This bold step marks a turning point in Pakistan’s financial history, signaling a move from traditional monetary systems to a digitally regulated financial ecosystem. For years, cryptocurrencies existed in a legal grey area in Pakistan. Now, under the SBP’s new framework, virtual assets will gain recognition, regulation, and integration into the national economy.   In this new law, individuals will be able