Cryptocurrency regulation is evolving rapidly to balance innovation with investor protection. In 2025, the European Union implemented the Markets in Crypto-Assets (MiCA) regulation, establishing a unified framework for crypto operations across member states. The United States passed the Financial Innovation and Technology for the 21st Century Act (FIT21), clarifying the roles of the SEC and CFTC in overseeing digital assets. In Pakistan, the government launched the Pakistan Crypto Council (PCC) in March 2025 to oversee and promote blockchain technology and digital assets within the country. The PCC aims to develop regulations and promote blockchain technology and digital assets, with leadership including Finance Minister Muhammad Aurangzeb and Binance co-founder Changpeng Zhao as a strategic adviser. These developments reflect a global trend toward structured crypto regulation, aiming to foster innovation while ensuring market stability and consumer protection.
