Pakistan's State Bank is set to retract its warning against cryptocurrency trading by September 2025, marking a significant policy shift. The move aligns with the country's digital currency initiatives, as announced by the Ministry of Finance. Noor Ahmed, a spokesperson for the State Bank, confirmed that a pilot for a government-backed digital currency is expected to conclude within the current fiscal year. This development could reshape Pakistan's financial landscape, introducing new regulations and impacting peer-to-peer trading dynamics. The crypto community has expressed mixed reactions, balancing optimism for regulatory clarity with cautious skepticism.