Pakistan to Establish National Crypto Council for Regulatory Development

Pakistan plans to establish a national crypto council to create legislation for the cryptocurrency sector. This decision follows a meeting with digital asset advisors of former President Donald Trump.

The council will include government representatives, regulatory authorities, and industry experts.
It aims to oversee policy development and collaborate internationally on standardized frameworks.
Previously, the finance ministry opposed crypto regulation, but Finance Minister Muhammad Aurangzeb has expressed willingness to reevaluate this stance.
Aurangzeb underscored the need for a well-regulated digital asset framework during discussions with the foreign delegation.

Countries are observing U.S. efforts to implement crypto-friendly policies since Trump's election.