The Pakistan Crypto Council, chaired by Federal Finance Minister Muhammad Aurangzeb, has decided to form a special committee tasked with reviewing proposed cryptocurrency regulations and designing a robust governance framework.
The meeting, which was held to discuss the future of digital assets and blockchain technology in Pakistan, was attended online by Prime Minister’s Special Assistant on Blockchain and Crypto, Bilal Bin Saqib, and State Bank of Pakistan (SBP) Governor Jameel Ahmed. Senior representatives from the State Bank, Securities and Exchange Commission of Pakistan (SECP), Law Division, and IT & Telecom Division were also present.
According to an official statement, the council members offered important recommendations aimed at ensuring a secure, transparent, and regulated crypto environment. The participants stressed the importance of protecting investors and responsibly adopting blockchain technology in the country’s evolving financial landscape.
A major outcome of the meeting was the decision to constitute a dedicated committee that will evaluate the proposed legal and regulatory frameworks. The committee will include members from the State Bank, SECP, Law Division, IT and Telecom Division and present its recommendations in the next council meeting.
Finance Minister Aurangzeb reaffirmed the government's commitment to modernizing Pakistan’s financial infrastructure. “We are focused on building a future-ready financial system, and responsible blockchain adoption is a key pillar of that vision,” he stated.
