Pakistan to Set Up Council to Oversee Crypto Policy: Report

The crypto assembly would beryllium a dedicated advisory assemblage that consists of authorities representatives, regulatory authorities and manufacture experts.

Feb 27, 2025, 11:19 a.m. UTC

Pakistan has said it volition acceptable up a nationalist crypto assembly to make authorities for the sector, pursuing a gathering with President Donald Trump's integer plus advisors, according to a study by section quality tract Dawn.

The assembly would beryllium a dedicated advisory assemblage that consists of authorities representatives, regulatory authorities and manufacture experts. It would oversee argumentation improvement arsenic good arsenic collaborate with countries to make standardised frameworks, the study added, citing a connection from the concern ministry.

Till past year, the nation's concern ministry had been opposed to regulating crypto successful the country, nevertheless Finance Minister Muhammad Aurangzeb said helium would look into the substance with an unfastened mind, helium said successful a statement. He besides stressed the value of a well-regulated integer plus framework, the study added.

Aurangzeb besides attended a gathering with a overseas delegation said to see President Donald Trump's integer plus advisors connected Tuesday.

Nations person been looking astatine the U.S. which has been moving to make crypto-friendly policies since the predetermination of Trump.

CoinDesk could not scope retired to the Finance Ministry for comment.

Camomile Shumba

Camomile Shumba is simply a CoinDesk regulatory newsman based successful the UK. Previously, Shumba interned astatine Business Insider and Bloomberg. Camomile has featured successful Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, doctrine and economics arsenic a combined grade astatine the University of East Anglia earlier doing a postgraduate grade successful multimedia journalism. While she did her undergraduate grade she had an award-winning vigor amusement connected making a difference. She does not presently clasp worth successful immoderate integer currencies oregon projects.