Pakistan Establishes Crypto Council Under Finance Minister’s Leadership

Islamabad: The federal government has officially launched the Pakistan Crypto Council, chaired by Finance Minister Muhammad Aurangzeb. The council aims to drive effective policymaking, modernization, and a secure financial system for crypto adoption.

According to a statement from the Ministry of Finance, Bilal Bin Saqib, Chief Advisor to the Finance Minister, has been appointed as the CEO of the council. Leveraging his expertise in blockchain technology, investment strategy, and digital innovation, he will spearhead the initiative.

The council’s board comprises key figures, including:

Governor, State Bank of Pakistan

Chairman, Securities and Exchange Commission of Pakistan

Federal Secretary, Law

Federal Secretary, Finance

The Pakistan Crypto Council will develop regulatory guidelines for crypto adoption, foster partnerships with global blockchain organizations, and promote best international practices. It will collaborate with fintech companies, startups, investors, and blockchain developers to encourage responsible innovation.

Additionally, the council will establish a strong legal and enforcement framework to ensure consumer protection and financial security. The Ministry of Finance emphasized that this initiative marks a significant milestone in Pakistan’s financial and technological landscape, paving the way for blockchain and digital asset regulation.

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