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The Indicator from Planet Money · November 2, 2026 · 8m

How crypto world made inroads in Pakistan

Pakistan has reversed its stance on cryptocurrency, choosing to regulate digital assets rather than ban them outright. The episode looks at what the country's crypto boosters hope to get out of that opening, and why religious scholars remain unconvinced that crypto has real value to offer. It is a short look at how a single country's regulatory turn reshapes the argument between the people who want to build on crypto and the critics who question what it is worth.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Preview

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Pakistan Switches From Banning Crypto to Regulating It
Pakistan has moved from an outright ban on cryptocurrency to a framework that regulates digital assets instead.
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Crypto Boosters See Gains in Formal Recognition
The country's crypto advocates are pushing the new regulatory opening, focused on what they stand to gain from it.

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