Pakistan to Launch Digital Assets Authority to Regulate Crypto and Blockchain
Pakistan is establishing the Pakistan Digital Assets Authority (PDAA) to oversee its rapidly expanding cryptocurrency and blockchain ecosystem. The new regulatory body will govern digital asset exchanges, wallets, custodians, and decentralized finance (DeFi) platforms, marking a significant shift from previous regulatory ambiguity.
The Ministry of Finance has endorsed the PDAA, aiming to attract global investment and foster blockchain innovation across critical sectors. With crypto adoption surging—projected to reach over 27 million users by 2025—Pakistan is positioning itself as a regional leader in digital asset markets.