Pakistan Crypto Council to convene high-level meeting on digital asset regulation


ISLAMABAD  –  The Pakistan Crypto Council will convene a high-level meeting on Monday, June 2, 2025, to be chaired by Federal Finance and Revenue Minister Senator Muhammad Aurangzeb. The meeting will serve as a strategic forum to deliberate on the evolving regulatory and legal framework surrounding digital currency and the broader crypto landscape in Pakistan.

Bilal Bin Saqib, Minister of State/Special Assistant to the Prime Minister on Blockchain and Crypto, will participate in his capacity as the Chief Executive Officer of the Pakistan Crypto Council. The meeting will also be attended by members of the Council, including the State Bank of Pakistan (SBP) governor, Securities and Exchange Commission of Pakistan (SECP) chairman, secretary Law and Justice Division, and secretary Ministry of Information Technology and Telecommunication.

Key items on the agenda include the development of a robust regulatory framework to govern digital and virtual assets in Pakistan, in alignment with global standards and technological advancements. A focal point of discussion will be the groundwork for the establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA)—a proposed autonomous body to oversee the digital finance and crypto ecosystem in the country. The Council aims to lay the foundation for a secure, transparent, and innovation-friendly regulatory environment, with a view to promoting responsible adoption of blockchain technology, protecting investors, and enhancing financial inclusion. The upcoming meeting underscores the government’s commitment to shaping a future-ready financial infrastructure while ensuring stability and compliance in the emerging digital economy.





Source link

  • Related Posts

    Locally developed soybean varieties to save Pakistan $1b in imports: Expert

    FAISALABAD   –  Chief Scientist at the Wheat Research Institute (WRI), Ayub Agricultural Research Institute (AARI) Faisalabad, Dr Javed Ahmad has announced a major breakthrough in Pakistan’s agricultural sector: the successful…

    Yango Group showcases its SuperApp at ITCN Asia 2025

    KARACHI   –   Yango Group, global tech company, marked a major milestone at ITCN Asia 2025, Pakistan’s largest technology conference, by unveiling its SuperApp and offering visitors a live demonstration of…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Locally developed soybean varieties to save Pakistan $1b in imports: Expert

    Locally developed soybean varieties to save Pakistan $1b in imports: Expert

    Yango Group showcases its SuperApp at ITCN Asia 2025

    Yango Group showcases its SuperApp at ITCN Asia 2025

    Chinese scientists set new world record in geomagnetic field

    Chinese scientists set new world record in geomagnetic field

    9th Microfinance Conference from October 7

    9th Microfinance Conference from October 7

    SpaceX to launch 28 Starlink satellites from California base

    SpaceX to launch 28 Starlink satellites from California base

    TVET coop enters new phase with high-level Beijing seminar

    TVET coop enters new phase with high-level Beijing seminar