Govt eyes tokenisation of bonds via blockchain

ISLAMABAD: Pakistan is likely to link its Naya Pakistan Certificates (NPCs) and sovereign bonds to a regulated blockchain via Digitally Native Notes (DNNs) to enable swift settlement for retail investors, particularly overseas Pakistanis. A meeting, presided over by Finance Minister Muhammad Aurangzeb with the State Bank of Pakistan (SBP) and the newly created Pakistan Virtual Assets Regulatory Authority (PVARA) on Monday, discussed the tokenisation of sovereign debt instruments and NPCs. It ...

By none@none.com (Khaleeq Kiani)