According to reports from Wu, the Pakistan Ministry of Finance announced the establishment of the "Pakistan Digital Asset Management Authority (PDAA)" to oversee exchanges, custodians, wallets, stablecoins, and DeFi applications in a unified manner. Officials stated that the PDAA will promote asset tokenization, compliant Bitcoin mining, and the construction of digital export channels, providing legal clarity for local and international investors.
Pakistan Establishes Digital Asset Management Authority for Unified Regulation
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