Pakistan forms crypto council to regulate digital assets

Pakistan has taken a major step in digital finance with the establishment of the Pakistan Crypto Council, a government-led initiative to regulate and integrate cryptocurrency and blockchain technology into the economy.

Finance Minister Muhammad Aurangzeb stated that the initiative aligns with Pakistan’s goal to become a leader in digital financial services while ensuring investor protection.

The council will be led by Bilal Bin Saqib, recently appointed as an adviser to the finance minister on digital currency policy.

Saqib emphasised the importance of security, transparency, and fostering innovation in the crypto space.

Read: Bilal bin Saqib appointed Pakistan's chief crypto advisor

The council will work closely with global crypto organizations to establish best practices, marking a policy shift from previous restrictions on digital assets toward a regulated ecosystem.