#CryptoRegulation Pakistan is advancing towards formal cryptocurrency regulation through the proposed Virtual Assets Bill 2025, which aims to establish a legal framework for digital assets, including the creation of a Digital Rupee backed by the Pakistani currency . The Pakistan Crypto Council (PCC), launched in March 2025, is leading this initiative, with Binance founder Changpeng Zhao serving as a strategic adviser . These efforts seek to address the current regulatory ambiguity that has led to increased fraud and criminal cases related to cryptocurrencies in the country .(The News International, Wikipedia, The News International)