**Pakistan Crypto Council Marks a New Digital Chapter for the Economy: FinMin**
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Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, has hailed the newly formed Pakistan Crypto Council (PCC) as the dawn of a new digital era for the nation’s economy.
Aurangzeb chaired the inaugural meeting of the PCC, attended by key figures including CEO of the Council Bilal Bin Saqib, the Governor of the State Bank, and the Chairman of the Securities and Exchange Commission of Pakistan (SECP). The meeting centered on exploring the potential of cryptocurrency within Pakistan. Bilal Bin Saqib presented a comprehensive vision and mission for the Crypto Council.
The Finance Minister stressed that the PCC will unite stakeholders and regulatory bodies, underscoring the government’s dedication to building a transparent and strong financial and economic system. He stated the Council represents the start of a new digital chapter for Pakistan’s economy.
This initiative is a key component of Pakistan’s broader strategy to regulate and legitimize cryptocurrency.
The Pakistan Crypto Council (PCC) has been officially launched, a landmark move in the country’s journey to regulate and incorporate blockchain technology and digital assets into its financial system.
A press release stated the council will be instrumental in developing policies, driving innovation, and guaranteeing a secure and progressive approach to crypto adoption in Pakistan.
Finance Minister Muhammad Aurangzeb will chair the Pakistan Crypto Council.
Bilal Bin Saqib, the Chief Advisor to the Finance Minister on the Crypto Council, has been named CEO, bringing his expertise in blockchain technology, investment strategy, and digital innovation to lead the initiative.