Finance Minister Muhammad Aurangzeb said on Tuesday that Pakistan has entered a key stage in the digital assets sector.
A delegation from the US-based digital company iCoin Technology met the federal finance minister and held detailed discussions on a regulatory framework for digital assets and investment opportunities in Pakistan.
The delegation expressed strong interest in investing in Pakistan and outlined the benefits of blockchain technology, stablecoins and low-cost digital financial systems.
The finance minister directed banks and relevant regulators to strengthen coordination, and said Pakistan had moved into an early but important phase in the digital assets sector.
He said the government was making progress on the establishment of a Crypto Council and a Virtual Assets Regulatory Authority, adding that bringing digital assets into a secure, transparent and user-friendly environment was among the government’s priorities.
The meeting also agreed on the need to ensure consumer protection and transparency. The delegation shared experiences from the United States and Canada and highlighted the potential for a modern digital financial system in Pakistan.
