ISLAMABAD: The Pakistan Crypto Council is set to hold a high-level meeting on Monday (June 2) to deliberate on the evolving regulatory and legal framework surrounding digital currency and the broader crypto landscape in Pakistan.
The meeting would be chaired by Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue, according to press release issued by finance ministry.
Minister of State/Special Assistant to the Prime Minister on Blockchain and Crypto, Bilal Bin Saqib would participate in his capacity as the Chief Executive Officer of the Pakistan Crypto Council.
The meeting will also be attended by members of the Council, including the Governor, State Bank of Pakistan (SBP); Chairman, Securities and Exchange Commission of Pakistan (SECP); Secretary, Law & Justice Division; and Secretary, Ministry of Information Technology & Telecommunication.
Key items on the agenda include the development of a robust regulatory framework to govern digital and virtual assets in Pakistan, in alignment with global standards and technological advancements.
A focal point of discussion will be the groundwork for the establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA)—a proposed autonomous body to oversee the digital finance and crypto ecosystem in the country.
The Council aims to lay the foundation for a secure, transparent, and innovation-friendly regulatory environment, with a view to promoting responsible adoption of blockchain technology, protecting investors, and enhancing financial inclusion.
The upcoming meeting underscores the government’s commitment to shaping a future-ready financial infrastructure while ensuring stability and compliance in the emerging digital economy.
