Islamabad, March 22, 2025: Pakistan’s Finance Minister Muhammad Aurangzeb has underscored the pivotal role of the Pakistan Crypto Council (PCC) in shaping the country’s future in digital assets and blockchain technology.
Addressing the council’s inaugural meeting in Islamabad on Friday, Aurangzeb emphasized that the PCC would serve as a central platform, uniting regulators and industry stakeholders to develop a responsible and forward-looking regulatory framework for cryptocurrencies. He reaffirmed the government’s commitment to fostering a transparent, investment-friendly financial ecosystem, empowering youth and positioning Pakistan as a regional leader in emerging technologies.
The meeting concluded with a consensus on striking a careful balance—leveraging blockchain and digital assets for economic growth while ensuring financial stability and regulatory oversight.
Earlier this month, the federal government officially launched the PCC to regulate and integrate blockchain technology into the country’s financial system. The initiative follows the appointment of Bilal bin Saqib as Chief Advisor to the Finance Minister for the council.
A statement from the Finance Division hailed the PCC’s formation as a significant milestone in Pakistan’s digital finance transformation, aligning the country with global trends in blockchain adoption.
The council will be chaired by Finance Minister Muhammad Aurangzeb, with its immediate board comprising 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.
With governments worldwide increasingly recognizing the importance of digital finance, Pakistan’s move to establish a structured regulatory body reflects its strategic commitment to innovation and financial inclusion in the digital age.
