#pakistanicrypto #update #PCC The Pakistan Crypto Council (PCC) has been established to regulate and promote cryptocurrency and blockchain technology in Pakistan.
#functions will include:
#Regulatory Framework Development – Drafting laws and guidelines for the legal use of #cryptocurrencies and blockchain technology.
Financial Stability & Compliance – Ensuring that digital assets align with Pakistan’s financial policies and global compliance standards.
Consumer Protection & Security – Implementing measures to safeguard investors from fraud and financial crimes.
Innovation & Adoption – Encouraging fintech startups, blockchain adoption, and crypto-related innovation in the economy.
Collaboration with Global Bodies – Working with international organizations and crypto exchanges to ensure best practices.
Taxation & Revenue Generation – Introducing mechanisms for taxation on crypto assets and transactions.
Public Awareness & Education – Conducting programs to educate the public and businesses on the safe use of digital assets.
These steps indicate that Pakistan is moving toward a structured and regulated crypto market rather than an outright ban.