Business Desk 
Mar 14, 2025
Pakistan has launched the Pakistan Crypto Council (PCC) to regulate and promote blockchain technology and digital assets. This government-backed initiative aims to integrate cryptocurrencies into the country’s financial system while ensuring investor protection and financial stability.
The development comes after the appointment of Chief Advisor to Finance Minister Bilal bin Saqib for the council. The PCC will be headed by Finance Minister Muhammad Aurangzeb, with other important officials including the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), the Federal Law Secretary, and the Federal IT Secretary.
According to the Finance Division, the establishment of the council is an important step in adopting digital finance and making Pakistan a global player in the blockchain industry.
The PCC looks to enact transparent regulations that will regulate the responsible use of cryptocurrencies while facilitating financial security and transparency.
Finance Minister Aurangzeb highlighted the importance of this initiative, stating that the council will balance innovation with regulation.
"The establishment of the Pakistan Crypto Council marks a new era for digital finance in Pakistan. We aim to foster innovation while protecting investors and ensuring financial security," he said.
Saqib emphasised that the PCC will be working on more than regulations. It will build an ecosystem where digital finance and blockchain technology can flourish.
In addition, the council also intends to work with global crypto associations and major industry players, including fintech startups, investors, and blockchain developers.
