In a groundbreaking move, Pakistan has officially embarked on a path to regulate and promote cryptocurrencies and blockchain innovation. With the establishment of the Pakistan Crypto Council (PCC) in March 2025, the nation has signaled its strong commitment to becoming a digital finance powerhouse in South Asia.
Formation of the Pakistan Crypto Council (PCC)
The Pakistan Crypto Council, operating under the Ministry of Finance, aims to create a robust regulatory framework for digital assets. Finance Minister Muhammad Aurangzeb leads this initiative with Bilal Bin Saqib serving as CEO. Notably, Changpeng Zhao, founder of Binance, has joined as a strategic advisor, bringing international expertise to Pakistan’s crypto strategy.
Regulatory Frameworks to Foster Innovation
Pakistan’s shift towards a compliance-based crypto regulatory framework is a major departure from its previous cautious stance. The new guidelines will focus on investor protection, anti-money laundering protocols, and nurturing innovation through regulatory sandboxes. These efforts are designed to attract foreign investment and integrate digital currencies into the mainstream economy.
Strategic International Collaborations
In a historic development, the PCC recently partnered with World Liberty Financial (WLF), a decentralized finance platform backed by former U.S. President Donald Trump. This collaboration aims to promote blockchain innovation, advance asset tokenization, and enhance stablecoin usage for remittances and trade. Pakistan's entry into the global digital finance ecosystem marks a new era of international cooperation.
Bitcoin Mining and Energy Utilization
Recognizing the surplus in electricity generation, Pakistan has announced plans to utilize excess power for Bitcoin mining and AI data centers. This strategic move is set to turn an economic challenge into a technological opportunity, promoting sustainable growth while boosting the nation’s blockchain infrastructure.
Growing Crypto Adoption Among the Youth
With an estimated 25 million active crypto users and $300 billion in annual transactions, Pakistan ranks among the top nations for cryptocurrency adoption. The country’s youthful demographic and thriving freelance economy are key drivers behind this digital finance boom.
Bitcoin Price Update in Pakistan
As of April 26, 2025, Bitcoin was trading at approximately PKR 26.67 million in Pakistan, reflecting strong local interest fueled by positive regulatory developments and a global surge in cryptocurrency investments.
Conclusion
Pakistan’s proactive steps toward crypto regulation and blockchain innovation mark a turning point in its financial history. By fostering a supportive environment for digital assets, the country is poised to unlock new opportunities for investment, innovation, and sustainable economic growth.
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