#CryptoNews
Pakistan’s 2025 Crypto Revolution: At a Glance
1. Pakistan Crypto Council (PCC) established
In March 2025, Pakistan created the Pakistan Crypto Council (PCC)—a government-backed body including the Federal Finance Ministry, State Bank, SECP, and even Binance co-founder Changpeng Zhao as advisor
2. Pakistan Digital Assets Authority (PDAA) approved
May saw the creation of the PDAA, tasked with licensing exchanges, wallets, token offerings, and DeFi under FATF-aligned compliance rules
3. Drafting comprehensive framework
In June 2025, a high-level committee convened by the PCC—including the SBP governor and finance minister—began drafting detailed legislation to regulate digital assets while fostering innovation
4. Strategic Bitcoin reserve & mining initiatives
Pakistan allocated 2,000 MW of electricity for Bitcoin mining and AI data centers, and unveiled its first-ever state-led Strategic Bitcoin Reserve during the Bitcoin Vegas 2025 event