March 15, 2025 - 08:57
In a significant move towards modernizing its financial sector, Pakistan has officially launched the Crypto Council, aimed at integrating blockchain technology into the country's financial landscape. The initiative, announced by the finance minister, seeks to embrace innovation while establishing a robust regulatory framework to safeguard investors.
The formation of the Crypto Council underscores the government's commitment to harnessing the potential of cryptocurrencies and blockchain technology. By creating a structured environment for digital assets, the council aims to provide clarity and security for investors, fostering confidence in this emerging market.
The finance minister emphasized that the council will work closely with industry stakeholders to develop policies that encourage growth while ensuring compliance with international standards. This initiative is seen as a crucial step in positioning Pakistan as a competitive player in the global digital economy.
As the world increasingly shifts towards digital finance, Pakistan's proactive approach may pave the way for a more inclusive and innovative financial ecosystem.
