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Pakistan is moving towards regulating cryptocurrencies. The government plans to create a National Crypto Council to explore the legalization of digital currencies. This council will include officials, regulators, and experts to ensure safe and legal crypto use.
Finance Minister Muhammad Aurangzeb recently discussed crypto policies with international advisors. Despite past restrictions, crypto adoption in Pakistan has grown rapidly, with transactions reaching $20 billion in 2021.
This new initiative aims to align Pakistan with global crypto trends while ensuring proper regulations for security and economic growth. The country is taking steps to embrace digital currencies while maintaining oversight.
#PakistanCrypto #CryptoNews #BlockchainPK #CryptoRegulation #DigitalCurrency #CryptoPakistan #BitcoinPK #Web3Pakistan #CryptoAdoption #FintechPK
Pakistan is moving towards regulating cryptocurrencies. The government plans to create a National Crypto Council to explore the legalization of digital currencies. This council will include officials, regulators, and experts to ensure safe and legal crypto use.
Finance Minister Muhammad Aurangzeb recently discussed crypto policies with international advisors. Despite past restrictions, crypto adoption in Pakistan has grown rapidly, with transactions reaching $20 billion in 2021.
This new initiative aims to align Pakistan with global crypto trends while ensuring proper regulations for security and economic growth. The country is taking steps to embrace digital currencies while maintaining oversight.
#PakistanCrypto #CryptoNews #BlockchainPK #CryptoRegulation #DigitalCurrency #CryptoPakistan #BitcoinPK #Web3Pakistan #CryptoAdoption #FintechPK
As of March 2025, the Pakistani government has not launched its own cryptocurrency. However, it has taken a significant step toward integrating digital assets into its financial system by establishing the Pakistan Crypto Council (PCC). This government-backed initiative aims to regulate and promote blockchain technology and cryptocurrency innovations within the country's economic framework.
The PCC is chaired by Finance Minister Muhammad Aurangzeb, reflecting the government's commitment to embracing the evolving digital economy. The council's leadership also includes the Governor of the State Bank of Pakistan, the Chairman of the SECP, and the Federal Law and IT Secretaries. This diverse leadership ensures a balanced approach to regulatory oversight, financial stability, legal frameworks, and technological advancements.
By forming the PCC, Pakistan positions itself at the forefront of the global shift toward blockchain technology and digital assets. The council is expected to play a pivotal role in policy-making, innovation, and ensuring secure cryptocurrency adoption ( source dawn.com, radio.gov.pk)
#PakistanCrypto
#BlockchainPK
#CryptoNews
$BNB
The PCC is chaired by Finance Minister Muhammad Aurangzeb, reflecting the government's commitment to embracing the evolving digital economy. The council's leadership also includes the Governor of the State Bank of Pakistan, the Chairman of the SECP, and the Federal Law and IT Secretaries. This diverse leadership ensures a balanced approach to regulatory oversight, financial stability, legal frameworks, and technological advancements.
By forming the PCC, Pakistan positions itself at the forefront of the global shift toward blockchain technology and digital assets. The council is expected to play a pivotal role in policy-making, innovation, and ensuring secure cryptocurrency adoption ( source dawn.com, radio.gov.pk)
#PakistanCrypto
#BlockchainPK
#CryptoNews
$BNB
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