Islamabad, May 21, 2025: 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’s virtual asset economy. The government has endorsed the establishment of a dedicated body — the Pakistan Digital Assets Authority (PDAA) — to regulate blockchain-based financial infrastructure.
*The aim is to ensure FATF-compliant innovation, economic inclusion, and responsible adoption of digital assets.*
*“Pakistan must regulate not just to catch up — 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,” said Muhammad Aurangzeb, Federal Minister for Finance and Revenue, Chairman of PCC.*
*Global Alignment, National Impact*
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 — all under a single, agile framework.
This strategic decision aligns Pakistan with other forward-thinking economies such as the UAE, Japan, Singapore, and Hong Kong — all of which have established digital asset regulators to foster innovation while ensuring compliance with global financial norms.
*The PDAA is expected to:*
• Regulate a $25B+ informal crypto market
• Enable tokenization of national assets and government debt
• Provide legal clarity to global and local investors
• Facilitate monetization of Pakistan’s surplus electricity through regulated Bitcoin mining
• Empower youth and startups to build blockchain-based solutions at scale
*A Signal to the World*
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.
“This is not just about crypto — it’s about rewriting our financial future, expanding access, and creating new export channels through tokenization, digital finance, and Web3 innovation,” said Bilal Bin Saqib CEO of Pakistan Crypto Council.
