Lately, apart from attempting to regulate the digital currency and blockchain markets, governments throughout the world are actively looking for ways to get a slice of the crypto cake. So far, the effort has mostly taken the shape of central bank-backed digital currencies.

As such, numerous countries have announced commencement of work on their very own CBDC projects. Pakistan represents one of the latest examples, since the State Bank of Pakistan (SBP), has stated that they’re planning to launch a CBDC by the year of 2025.