🔄Pakistan has changed its previous stance of resistance and announced the establishment of a cryptocurrency regulatory committee!
Recently, Pakistan announced the establishment of a national cryptocurrency committee responsible for overseeing the regulation of digital assets. This decision marks a 180-degree turn in Pakistan's attitude towards cryptocurrency, shifting from previous resistance to gradual acceptance.
This all started with Trump. After being elected in 2024, Trump has consistently advocated for friendly regulations towards cryptocurrency and has supported digital assets. Influenced by this, Pakistan announced the legalization of cryptocurrency in November of the same year, reversing its previous stance of resistance.
Pakistan plans to establish an interdepartmental cryptocurrency committee, bringing together government, regulators, and industry experts to develop policies to address regulatory challenges and ensure the security, compliance, and sustainable development of the digital asset ecosystem. At the same time, the committee will work with international partners to build a framework for international digital economy standards.
It is worth noting that just last year, the Pakistani government and central bank held a strict attitude towards cryptocurrency, with a former finance minister even publicly stating that Pakistan would never legalize digital assets. Now, this change not only reflects global trends but also shows Pakistan's ambitions in the digital economy field.
Current Finance Minister Aorang expressed that Pakistan is not only seeking the legalization of digital assets but also intends to integrate blockchain technology into its financial infrastructure to promote efficiency and innovation.
Meanwhile, countries in Asia have varied stances on cryptocurrency: India is trying to suppress industry development with high taxes, Bhutan has openly disclosed its substantial Bitcoin holdings; Singapore and Taiwan actively support, while mainland China continues to impose restrictions, and South Korea and Japan cautiously explore regulatory paths.
In summary, Pakistan's establishment of a cryptocurrency regulatory committee not only reflects a shift in its digital asset policy but also mirrors the increased recognition of cryptocurrency globally. At the same time, as countries actively participate, the regulation and ecosystem of cryptocurrency will continue to mature, contributing to the growth of the global digital economy.
💬 With Pakistan joining this trend, will it be an important step for the global proliferation of cryptocurrency? Let's see in the comments section!
#巴基斯坦 #加密货币 #监管委员会 #数字经济