Crypto governance takes shape as Pakistan forms regulatory review committee
Federal Finance Minister Muhammad Aurangzeb - File Photo
Federal Finance Minister Muhammad Aurangzeb - File Photo
ISLAMABAD: The Pakistan Crypto Council, led by Federal Finance Minister Muhammad Aurangzeb, has resolved to establish a dedicated committee to assess proposed cryptocurrency regulations and develop a comprehensive governance framework.

The session, aimed at discussing the future of digital assets and blockchain in Pakistan, included virtual participation from Bilal Bin Saqib, the Prime Minister’s Special Assistant on Blockchain and Crypto, and Jameel Ahmed, Governor of the State Bank of Pakistan (SBP).

Senior officials from the SBP, Securities and Exchange Commission of Pakistan (SECP), Law Division, and IT & Telecom Division were also in attendance.

An official release noted that council members shared key recommendations focused on creating a secure, transparent, and regulated crypto environment. Emphasis was placed on investor protection and the responsible integration of blockchain technology into the country s financial system.

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One of the key outcomes of the meeting was the formation of a special committee comprising representatives from the SBP, SECP, Law Division, and IT & Telecom Division. This group will review the proposed legal and regulatory frameworks and submit their findings at the next council session.

Minister Aurangzeb reiterated the government s dedication to advancing Pakistan’s financial infrastructure, stating, “Our goal is to build a future-ready financial system, with responsible blockchain adoption as a central component.”