Pakistan Embraces Crypto Regulation in Historic 2025 Policy Shift
Pakistan’s government has pivoted decisively toward cryptocurrency adoption, establishing a comprehensive regulatory framework through newly formed bodies like the Pakistan Crypto Council and Digital Assets Authority. The move signals Islamabad’s intent to position itself as a blockchain hub while maintaining FATF compliance standards.
Key developments include the State Bank of Pakistan’s clarification on crypto’s legal status and the creation of specialized regulatory committees involving finance, law, and IT ministries. Notably, the reforms emphasize AML/CFT protocols following IMF program reviews, suggesting institutional-grade safeguards for digital asset adoption.