Pakistan Partners with WLFI Crypto Firm to Enable Blockchain Cross-Border Payments

In a significant move for its financial technology sector, Pakistan has entered into a strategic agreement with a cryptocurrency business associated with the World Logistics & Finance Initiative (WLFI). The deal is designed to leverage blockchain technology for facilitating international remittances and cross-border transactions. This partnership aims to create a more efficient, cost-effective, and transparent payment corridor, potentially reducing reliance on traditional banking systems. The initiative underscores Pakistan's growing exploration of digital asset solutions to modernize its economic infrastructure and streamline financial flows with global partners. Analysts view this development as a step towards formalizing crypto-related operations within the country's regulatory framework.