Islamabad, June 2, 2025 — Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, presided over a high-level meeting of the Pakistan Crypto Council (PCC) on Monday to advance the country’s efforts toward regulating digital and virtual assets.
The meeting, held at the Finance Division, brought together key stakeholders including the Governor of the State Bank of Pakistan (SBP), the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and secretaries from the Law and Justice Division and the Ministry of Information Technology and Telecommunication. Bilal Bin Saqib, Special Assistant to the Prime Minister on Blockchain and Crypto and CEO of the PCC, joined the session virtually.
In a significant development, the participants unanimously agreed to establish a technical committee comprising representatives from the SBP, SECP, Law Division, and IT & Telecom Division. The committee will be responsible for reviewing existing draft laws and proposing a comprehensive regulatory and governance framework for digital assets, which will be reviewed in the Council’s next meeting.
The discussions focused on aligning Pakistan’s regulatory landscape with global standards, exploring the potential for establishing an autonomous regulatory body for overseeing the crypto and digital finance ecosystem.
The Council members contributed valuable insights aimed at fostering an innovation-friendly, secure, and transparent regulatory environment. Emphasis was placed on promoting responsible adoption of blockchain technology, protecting investors, and expanding financial inclusion.
Finance Minister Aurangzeb lauded the contributions of all participants and reaffirmed the government’s commitment to developing a future-ready financial system that balances innovation with stability and compliance.
