The Pakistan Crypto Council (PCC) has been officially established to promote blockchain technology and digital assets.
Finance Minister Muhammad Aurangzeb will serve as the head of the council, while Bilal Bin Saqib, the chief advisor to the minister of finance, has been appointed as the Chief Executive Officer (CEO).
According to a statement issued by the Ministry of Finance, the council’s establishment is a major development aimed at fostering the adoption of cryptocurrencies in Pakistan.
It is expected to play a pivotal role in shaping effective policies, promoting innovation and ensuring the establishment of a secure financial system.
The ministry stated that the creation of the council reflects the government's commitment to the advancement of the digital economy in the country.
The council’s formation is seen as an essential milestone in Pakistan's ongoing efforts to integrate digital financial solutions into its economy, with the goal of facilitating a more secure, innovative, and efficient financial landscape.
