#pakistanicrypto #update #PCC

The Pakistan Crypto Council (PCC) has been established to regulate and promote cryptocurrency and blockchain technology in Pakistan.

#functions will include:

#Regulatory Framework Development – Drafting laws and guidelines for the legal use of #cryptocurrencies and blockchain technology.

Financial Stability & Compliance – Ensuring that digital assets align with Pakistan’s financial policies and global compliance standards.

Consumer Protection & Security – Implementing measures to safeguard investors from fraud and financial crimes.

Innovation & Adoption – Encouraging fintech startups, blockchain adoption, and crypto-related innovation in the economy.

Collaboration with Global Bodies – Working with international organizations and crypto exchanges to ensure best practices.

Taxation & Revenue Generation – Introducing mechanisms for taxation on crypto assets and transactions.

Public Awareness & Education – Conducting programs to educate the public and businesses on the safe use of digital assets.

These steps indicate that Pakistan is moving toward a structured and regulated crypto market rather than an outright ban.