——– Expresses govt’s commitment to exploring digital assets and integrating blockchain technology
——– Informs crypto council will serve as dedicated advisory body
——– Expresses govt’s commitment to exploring digital assets
——– Stakeholders directed to formulate comprehensive framework
By Asghar Ali Mubarak
ISLAMAABAD: Finance Minister Muhammad Aurangzeb on Tuesday said that the government would consider estab-lishing a National Crypto Council to ensure that the country’s digital asset ecosystem evolves in a se-cure, compliant, and sustainable manner.
The finance minister made the remarks while chairing a high-level meeting on digital assets in Islama-bad. The council will serve as a dedicated advisory body comprising key government representatives, regulatory authorities, and industry experts, he added.
The minister said it will also collaborate with friendly countries to develop standardised frameworks for international digital economic engagement.
Aurangzeb expressed the government’s commitment to exploring digital assets and integrating block-chain technology as part of a broader strategy to modernize the financial sector.
He directed relevant stakeholders to formulate a comprehensive framework that ensures security, transparency, regulatory compliance, and economic viability while safeguarding against financial crimes and illicit activities.
The minister also stressed the need for a balanced approach that encourages innovation and invest-ment in digital assets while maintaining strict regulatory oversight in line with international standards.
The meeting was attended by foreign delegates, including US President Donald Trump’s advisors for digital assets.
