ISLAMABAD: Finance Minister Muhammad Aurangzeb announced on Tuesday that the government is considering the establishment of a National Crypto Council to ensure the secure, compliant, and sustainable evolution of Pakistan’s digital asset ecosystem.
Chairing a high-level meeting on digital assets in Islamabad, Aurangzeb outlined that the proposed council would act as an advisory body, comprising key government officials, regulatory authorities, and industry experts.
The minister added that the council would also collaborate with friendly nations to develop standardized frameworks for global digital economic engagement.
Emphasizing the government’s commitment to modernizing the financial sector, Aurangzeb highlighted the importance of exploring digital assets and integrating blockchain technology. He directed stakeholders to develop a comprehensive framework that guarantees security, transparency, regulatory compliance, and economic sustainability, while also addressing concerns over financial crimes and illicit activities.
Aurangzeb called for a balanced approach, one that fosters innovation and investment in digital assets, while ensuring strict regulatory oversight aligned with international standards.
The meeting was attended by foreign delegates, including advisors for digital assets from former US President Donald Trump’s administration.
