Islamabad, Pakistan – The Pakistan Crypto Council (PCC) has been officially launched, marking a transformative step towards regulating blockchain technology and digital assets in the country. The initiative, backed by the Ministry of Finance, aims to integrate cryptocurrency into Pakistan’s financial framework while ensuring investor protection and financial security.
Pakistan Takes a Proactive Step Towards Crypto Regulation
According to an official press release, the PCC will play a crucial role in formulating crypto policies, fostering innovation, and ensuring a secure and compliant environment for digital finance in Pakistan.
Finance Minister Muhammad Aurangzeb will chair the Pakistan Crypto Council, reinforcing the government’s dedication to embracing digital finance. Meanwhile, Bilal Bin Saqib, Chief Advisor to the Finance Minister on PCC, has been appointed CEO of the Council, bringing extensive expertise in blockchain, investment strategy, and digital innovation to lead the initiative.
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Key Leadership and Regulatory Oversight
The Pakistan Crypto Council’s initial board members include:
- Governor of the State Bank of Pakistan (SBP)
- Chairman of the Securities and Exchange Commission of Pakistan (SECP)
- Federal Law Secretary
- Federal IT Secretary
This leadership ensures a well-regulated, secure, and progressive approach to cryptocurrency adoption in Pakistan.
Government’s Commitment to a Digital Financial Future
The launch of PCC signals Pakistan’s proactive stance in embracing blockchain technology. Speaking at the event, Finance Minister Muhammad Aurangzeb emphasized that the world is moving rapidly towards digital finance, and Pakistan aims to lead in this transformation.
“The establishment of the Pakistan Crypto Council is a step towards embracing innovation while ensuring that we create a regulatory framework that protects investors and the financial system. We are committed to fostering a responsible and progressive crypto ecosystem that can contribute to Pakistan’s economic growth.” – Finance Minister Muhammad Aurangzeb
Echoing this sentiment, PCC CEO Bilal Bin Saqib stressed that the council’s mission extends beyond regulations—it seeks to create a thriving blockchain ecosystem.
“Our goal is to ensure that Pakistan becomes a competitive player in the global digital economy while prioritizing security, transparency, and innovation.” – Bilal Bin Saqib, CEO, PCC
Objectives of the Pakistan Crypto Council
The Pakistan Crypto Council will focus on:
- Establishing Clear Crypto Regulations – Ensuring legal clarity and investor protection
- Engaging with International Blockchain Organizations – Adopting global best practices
- Encouraging Fintech & Blockchain Startups – Creating a business-friendly environment
- Ensuring Financial Security & Compliance – Developing robust legal frameworks
Pakistan Signals a New Era for Crypto & Blockchain Innovation
With the launch of PCC, Pakistan is positioning itself as a major player in the global digital finance landscape. This move signifies that Pakistan is open for business, innovation, and crypto adoption, paving the way for a strong, regulated, and forward-thinking financial ecosystem.
Stay tuned as Pakistan’s crypto landscape evolves with this groundbreaking initiative.
