ISLAMABAD, June 2, 2025: The draft regulatory framework for digital and virtual assets in Pakistan is in the works. It is aimed at aligning Pakistan’s regulations with international standards and evolving technological trends.
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For this purpose, a high-level meeting of the Pakistan Crypto Council (PCC) was held today at the Finance Division, chaired by Finance Minister Muhammad Aurangzeb.
The meeting was attended virtually by Special Assistant to the Prime Minister (SAPM) on Blockchain and Crypto, and PCC Chief Executive Officer Bilal Bin Saqib. The meeting was also attended virtually by the State Bank of Pakistan (SBP) Governor among other notable officials.
The meeting discussed various options around the establishment of an autonomous regulatory authority to oversee and regulate the digital finance and crypto ecosystem in the country.
Members of the Council provided valuable input to ensure a secure, transparent, and innovation-friendly regulatory environment, with the goal of promoting responsible blockchain adoption, safeguarding investors, and advancing financial inclusion.
Finance Minister Aurangzeb appreciated the contributions of all stakeholders and reaffirmed the Government’s commitment to building a future-ready financial infrastructure that supports innovation while maintaining financial stability and regulatory compliance.
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It was agreed to constitute a technical committee comprising representatives from the central bank, Securities and Exchange Commission of Pakistan (SECP), Law Division, and IT & Telecom Division.
That committee will be tasked with reviewing the draft laws and propose a robust framework and governance structure to be reviewed by the PCC in its next meeting.
