The Pakistan Crypto Council has officially been launched to regulate and integrate blockchain technology and digital assets into country's financial landscape.

The council is set to play a pivotal role in formulating policies, fostering innovation, and ensuring a secure and forward-thinking approach to crypto adoption in Pakistan.

Finance Minister Muhammad Aurangzeb will serve as the Chair of the Pakistan Crypto Council, demonstrating the government's commitment to the evolving digital economy.

The formation of the Pakistan Crypto Council signifies the government's proactive stance in moving Pakistan to the forefront of the global shift towards blockchain technology and digital assets. With regulatory clarity and a structured approach, Pakistan aims to foster a safe and compliant environment for investors, businesses, and innovators in the crypto space.

Speaking on the launch of the Council in Islamabad today, Muhammad Aurangzeb said the establishment of the Pakistan Crypto Council is a step towards embracing innovation while ensuring a regulatory framework that protects investors and the financial system. He said the government is committed to fostering a responsible and progressive crypto ecosystem that can contribute to Pakistan's economic growth.

The Pakistan Crypto Council will focus on developing clear regulatory policies, engaging stakeholders from both the public and private sectors, and positioning Pakistan as a key player in the global digital asset landscape.

It is pertinent to mention that the Pakistan Crypto Council is a government-backed initiative aimed at regulating, fostering, and integrating blockchain and cryptocurrency innovations into Pakistan's financial and economic framework. Led by key policymakers, regulatory heads, and industry experts, the PCC is dedicated to establishing a robust and progressive digital asset ecosystem.