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Pakistan PM Shehbaz Sharif Calls Cryptocurrency 'Tool of the Future'

Pakistan PM Shehbaz Sharif Calls Cryptocurrency 'Tool of the Future'

The Prime Minister’s remark signals a potential government shift toward supporting digital asset adoption in Pakistan.

Fact Check
The statement is directly supported by a primary source, the official X account of the Prime Minister's political party, PMLN. A post from this account explicitly quotes Shehbaz Sharif's speech at the UN General Assembly, stating, 'We embrace digitisation, Al, and Crypto as tools of the future...'. This is further corroborated by an Economic Times article mentioning him promoting cryptocurrency during the same speech.
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Terms & Concepts
  • Cryptocurrency: A digital or virtual currency that uses cryptography for security and operates on decentralized blockchain networks.
  • Digital Asset Adoption: The process of integrating and using digital assets like cryptocurrencies within economic, financial, or technological systems.