Pakistan's crypto landscape is rapidly evolving, with the government taking significant steps to regulate and promote the industry. Here are some key developments ¹ ²:
- *Pakistan Crypto Council*: Established in March 2025, the council aims to develop regulations and promote blockchain technology and digital assets in Pakistan. The council is led by Finance Minister Muhammad Aurangzeb and includes prominent figures like Bilal Bin Saqib as CEO and Zhao as strategic advisor.
- *Regulatory Framework*: The government is working on a comprehensive regulatory framework to govern digital assets, with a focus on investor protection, anti-money laundering, and combating the financing of terrorism. The framework is expected to establish clear guidelines for crypto exchanges, custodians, and other industry players.
- *Bitcoin Mining*: Pakistan has allocated 2,000 megawatts of electricity for Bitcoin mining and AI data centers, aiming to monetize surplus energy and attract foreign investment. This move is expected to create high-tech jobs and generate revenue for the government.
- *Crypto Adoption*: Pakistan has a significant number of cryptocurrency users, with an estimated 40 million users and a trading volume exceeding $300 billion. The government is working to create a conducive environment for crypto adoption, while ensuring regulatory compliance.
- *Taxation*: Crypto in Pakistan are subject to capital gains tax, and the government is working to clarify tax laws and regulations for the industry.
Some popular crypto exchanges in Pakistan include
-*Binance*: One of the largest crypto exchanges globally, Binance is operational in Pakistan and offers a range of crypto trading services.
-OKEx*: Another prominent crypto exchange, OKEx allows users to trade cryptocurrencies using Pakistani Rupees (PKR).
- *LocalBitcoins*: A peer-to-peer crypto exchange, LocalBitcoins enables users to buy and sell cryptocurrencies directly.
Overall, Pakistan's crypto industry is poised for growth, driven by government initiatives, increasing adoption, and a favorable regulatory
