Islamabad (Zahid Yaqoob Khawaja): In a landmark move to embrace the future of finance, the Ministry of Finance has announced the initiation of a comprehensive strategy to regulate digital assets and accelerate the growth of Pakistan\u2019s virtual asset economy. The government has endorsed the establishment of a dedicated body \u2014 the Pakistan Digital Assets Authority (PDAA) \u2014 to regulate blockchain-based financial infrastructure.<\/p>\n\n\n\n
The aim is to ensure FATF-compliant innovation, economic inclusion, and responsible adoption of digital assets.<\/p>\n\n\n\n
\u201cPakistan must regulate not just to catch up \u2014 but to lead. With the PDAA, we are creating a future-ready framework that protects consumers, invites global investment, and puts Pakistan at the forefront of financial innovation,\u201d said Muhammad Aurangzeb, Federal Minister for Finance and Revenue, Chairman of PCC.<\/p>\n\n\n\n
Global Alignment, National Impact<\/p>\n\n\n\n
The PDAA will serve as a specialized regulatory body with a clear mandate: to oversee licensing, compliance, and innovation within the digital asset ecosystem. It will regulate exchanges, custodians, wallets, tokenized platforms, stablecoins, and DeFi applications \u2014 all under a single, agile framework.<\/p>\n\n\n\n
This strategic decision aligns Pakistan with other forward-thinking economies such as the UAE, Japan, Singapore, and Hong Kong \u2014 all of which have established digital asset regulators to foster innovation while ensuring compliance with global financial norms.<\/p>\n\n\n\n
The PDAA is expected to:<\/p>\n\n\n\n
\u2022 Regulate a $25B+ informal crypto market\n\u2022 Enable tokenization of national assets and government debt\n\u2022 Provide legal clarity to global and local investors\n\u2022 Facilitate monetization of Pakistan\u2019s surplus electricity through regulated Bitcoin mining\n\u2022 Empower youth and startups to build blockchain-based solutions at scale<\/code><\/pre>\n\n\n\nA Signal to the World<\/p>\n\n\n\n
With the proposed PDAA, Pakistan is signaling its intent to become a competitive player in the global digital economy, inviting responsible innovation, and building trust with investors, entrepreneurs, and international partners.<\/p>\n\n\n\n
\u201cThis is not just about crypto \u2014 it\u2019s about rewriting our financial future, expanding access, and creating new export channels through tokenization, digital finance, and Web3 innovation,\u201d said Bilal Bin Saqib CEO of Pakistan Crypto Council.<\/p>\n","protected":false},"excerpt":{"rendered":"
Islamabad (Zahid Yaqoob Khawaja): In a landmark move to embrace the future of finance, the Ministry of Finance has announced the initiation of a comprehensive strategy to regulate digital assets and accelerate the growth of Pakistan\u2019s virtual asset economy. The government has endorsed the establishment of a dedicated body \u2014 the Pakistan Digital Assets Authority<\/p>\n","protected":false},"author":1,"featured_media":5602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-6581","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized"},"_links":{"self":[{"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/posts\/6581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/comments?post=6581"}],"version-history":[{"count":2,"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/posts\/6581\/revisions"}],"predecessor-version":[{"id":6586,"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/posts\/6581\/revisions\/6586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/media\/5602"}],"wp:attachment":[{"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/media?parent=6581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/categories?post=6581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capitalnewspk.pk\/en\/wp-json\/wp\/v2\/tags?post=6581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}