The Pakistan Crypto Council (PCC) has officially launched, marking a significant milestone in the country's journey to regulate and integrate blockchain technology and digital assets into its financial landscape.¹ This initiative is a proactive step by the government to establish a clear regulatory framework, ensuring a secure and forward-thinking approach to crypto adoption in Pakistan.
The PCC will be chaired by Finance Minister Muhammad Aurangzeb, demonstrating the government's commitment to the evolving digital economy. Bilal Bin Saqib, Chief Advisor to the Finance Minister, has been appointed as the CEO of the council, bringing his expertise in blockchain technology, investment strategy, and digital innovation to spearhead the initiative.
The council's immediate board members include key stakeholders from the State Bank of Pakistan, Securities and Exchange Commission of Pakistan (SECP), and federal secretaries, ensuring a diverse leadership structure. This collaborative approach aims to support Pakistan's crypto ecosystem, fostering a safe and compliant environment for investors, businesses, and innovators.
The launch of the PCC signals a new chapter in Pakistan's financial and technological evolution, reinforcing the country's stance as a leader in innovation in the digital finance sector.²