Crypto Council of Pakistan 📢📢🗣️🗣️
In March 2025, Pakistan took a significant step toward embracing the future of finance with the establishment of the Pakistan Crypto Council (PCC). Chaired by Finance Minister Muhammad Aurangzeb and led by CEO Bilal Bin Saqib, the council is set to guide the country’s journey into blockchain and digital assets, blending innovation with regulation.
The PCC is already making waves. A technical committee has been formed with top officials from the SBP, SECP, and the Ministry of IT to craft a clear regulatory framework for digital assets. The government has also announced a Bitcoin Strategic Reserve and is allocating 2,000 MW of surplus electricity to power Bitcoin mining and AI data centers. To oversee compliance, the Pakistan Virtual Assets Regulatory Authority (PVARA) has been established, and Binance co-founder Changpeng Zhao (CZ) is on board as a strategic advisor.
While cryptocurrencies are not yet recognized as legal tender, Pakistan’s approach shows a careful balance between innovation and oversight, positioning the country as a potential hub for blockchain innovation in the region. The PCC represents not just policy, but a bold vision for the country’s digital economy.