ISLAMABAD: Pakistan Crypto Council (PCC) has been established which will play a pivotal role in formulating policies, fostering innovation and ensuring a secure adoption of cryptocurrency in Pakistan.
Finance Minister Muhammad Aurangzeb has been made the PCC chairman while Bilal Bin Saqib has been appointed Chief Executive Officer (CEO) of the Council.
Finance Minister Muhammad Aurangzeb during the lunch emphasised Pakistan’s desire to lead in the digital finance space.
"The establishment of the Pakistan Crypto Council is a step towards embracing innovation while ensuring we create a regulatory framework that protects investors and the financial system,” he said.
He also highlighted the country’s commitment to fostering a responsible and progressive crypto ecosystem for economic growth.
Bilal bin Saqib underscored the importance of the council, stating that its focus extends beyond regulation to creating an environment where blockchain and digital finance can thrive.
The formation of the PCC 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.
