#CryptoRegulation

As of May 15, 2025, cryptocurrency regulation is evolving rapidly worldwide. In Pakistan, the government has established the Pakistan Crypto Council (PCC) to develop a regulatory framework for digital assets, aiming to attract foreign investment and integrate blockchain technology into the financial system .

In the United States, the Securities and Exchange Commission (SEC) plans to create new rules for crypto tokens classified as securities, seeking to provide clear guidelines for lawful issuance, custody, and trading of crypto assets . Additionally, the U.S. Senate is expected to vote on the GENIUS Act, which proposes comprehensive stablecoin regulations, including mandatory reserve requirements and transparency in holdings .

In the United Kingdom, the Financial Conduct Authority (FCA) has authorized GFO-X, the first regulated and centrally cleared digital asset derivatives trading platform in London, marking a significant step toward formal oversight of cryptocurrency trading .

These developments indicate a global trend toward establishing clear regulatory frameworks for cryptocurrencies, balancing innovation with investor protection and financial stability.