Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

After heated London talks, where do China-US trade relations stand?

June 12, 2025

Will Starbucks’ big bet on its baristas pay off?

June 12, 2025

China demands sensitive information for rare earth exports, companies warn

June 12, 2025
Facebook X (Twitter) Instagram
Thursday, June 12
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Pakistan establishes Digital Assets Authority to regulate crypto, blockchain – Technology
Economist Intelligence

Pakistan establishes Digital Assets Authority to regulate crypto, blockchain – Technology

adminBy adminMay 21, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 33


In a key development, the Ministry of Finance on Wednesday unveiled a comprehensive strategy to regulate digital assets and accelerate the growth of Pakistan’s virtual asset economy.

As part of this initiative, the government has endorsed the establishment of a dedicated body — the Pakistan Digital Assets Authority (PDAA) — to regulate blockchain-based financial infrastructure, read a statement released by the Ministry of Finance.

The aim is to ensure FATF-compliant innovation, economic inclusion, and responsible adoption of digital assets.

“Pakistan must regulate not just to catch up — but to lead. With the PDAA, we are creating a future-ready framework that protects consumers, invites global investment, and puts Pakistan at the forefront of financial innovation,” said Finance Minister and Chairman of Pakistan Crypto Council (PCC), Muhammad Aurangzeb.

The government said that PDAA will serve as a specialised regulatory body with a mandate to oversee licensing, compliance, and innovation within the digital asset ecosystem.

Global crypto diplomacy: PCC positions Pakistan as rising force in just 50 days

It will also regulate exchanges, custodians, wallets, tokenised platforms, stablecoins, and DeFi applications — all under a single framework.

“This strategic decision aligns Pakistan with other forward-thinking economies such as the UAE, Japan, Singapore, and Hong Kong — all of which have established digital asset regulators to foster innovation while ensuring compliance with global financial norms,” read the statement.

Pakistan turns to bitcoin miners, AI data centers to use surplus power

The PDAA is expected to regulate a $25B+ informal crypto market, enable tokenisation of national assets and government debt, provide legal clarity to global and local investors, facilitate monetisation of Pakistan’s surplus electricity through regulated Bitcoin mining, and empower youth and startups to build blockchain-based solutions at scale.

“This is not just about crypto — it’s about rewriting our financial future, expanding access, and creating new export channels through tokenisation, digital finance, and Web3 innovation,” said Bilal Bin Saqib, CEO of PCC.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

US, China reach deal to ease export curbs – Business & Finance

June 12, 2025
Economist Intelligence

PSA opposes 18pc GST on imported solar panels – Business & Finance

June 12, 2025
Economist Intelligence

Budget 2025-26: ‘Priority is given to defence, interest payments on debt, revenue generation’ – Business & Finance

June 12, 2025
Economist Intelligence

18pc GST on imported solar panels to help attract foreign investment: experts – Markets

June 12, 2025
Economist Intelligence

Budget has failed to provide any relief to agri sector, business community: PBF – Business & Finance

June 12, 2025
Economist Intelligence

Business bodies say budget lacks required incentives to revive struggling industries – Business & Finance

June 12, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

US, China reach deal to ease export curbs – Business & Finance

June 12, 2025

PSA opposes 18pc GST on imported solar panels – Business & Finance

June 12, 2025

Budget 2025-26: ‘Priority is given to defence, interest payments on debt, revenue generation’ – Business & Finance

June 12, 2025

18pc GST on imported solar panels to help attract foreign investment: experts – Markets

June 12, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • After heated London talks, where do China-US trade relations stand?
  • Will Starbucks’ big bet on its baristas pay off?
  • China demands sensitive information for rare earth exports, companies warn
  • Grounded Chinese ship near Philippine-held island sparks concerns of more grey-zone tactics
  • Horizon Robotics plans to raise US$595 million in Hong Kong share placement

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

After heated London talks, where do China-US trade relations stand?

June 12, 2025

Will Starbucks’ big bet on its baristas pay off?

June 12, 2025

China demands sensitive information for rare earth exports, companies warn

June 12, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.