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@ Layer3.news
2025-05-22 09:07:04
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PAKISTAN FORMS NEW REGULATORY BODY TO OVERSEE BLOCKCHAIN AND CRYPTO
https://crypto.news/app/uploads/2025/05/crypto-news-Blockchain-option06.webp
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✍️ Pakistan's Ministry of Finance has approved the formation of the Pakistan Digital Assets Authority (PDAA) to regulate and supervise the digital asset sector.
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👉 PDAA will supervise licensing, compliance, and innovation across the digital asset sector
👉 Will monitor operations of related entities such as crypto exchanges, custodians, and digital wallets
👉 Will play a central role in tokenizing national assets and government debt
👉 Aims to protect consumers, attract global investment, and develop a 'future-ready framework' for digital finance
👉 Pakistan's stance on cryptocurrencies has softened in recent years
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#MuhammadAurangzeb #AwaisLeghari #BilalBinSaqib #AishaGhausPasha #ChangpengZhao #Pakistan #Islamabad #technology
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