#DigitalAssetBill The Digital Asset Bill in Pakistan, currently under discussion, aims to regulate cryptocurrencies and other digital assets. Proposed by the Ministry of Finance and the State Bank of Pakistan, it seeks to establish a legal framework for their use, trading, and storage.
The bill intends to foster innovation while addressing concerns like money laundering and illicit financing. It may outline licensing requirements for exchanges and custodians, as well as consumer protection measures.
While the specific details are still evolving, the bill signals Pakistan's move towards acknowledging and integrating digital assets into its financial system, potentially impacting investment and technological adoption.