Eurobond debt may be tokenised

The Ministry of Finance is examining whether Pakistan’s existing Eurobond debt could be tokenised, Finance Minister Muhammad Aurangzeb said at a digital-assets dialogue hosted by the Pakistan Banks’ Association and LUMS. He urged banks to approach digital assets responsibly, while saying restrictions on banks’ own virtual-asset holdings would continue.

Aurangzeb said digital innovation should support cheaper remittances, quicker business payments and financing for entrepreneurs. He also stressed that safeguards and regulatory oversight were necessary, and cited the Virtual Assets Act 2026 and the State Bank’s conditional banking-access framework for licensed providers.

Tokenisation could also be relevant to remittances through Roshan Digital Accounts, he said. Pakistan received $41.6 billion in remittances in the last fiscal year, while first-quarter trends point to possible inflows above $44 billion.