Pakistan Creates Crypto Council for Blockchain Advancement
The government of Pakistan has established a national crypto council to promote blockchain technology within the financial sector. According to government officials, the council’s main objective is to lead the integration of blockchain technology, as well as oversee crypto asset management across the financial infrastructure.
This decision follows the appointment of Bilal bin Saqib as the Union Finance Minister’s Chief Advisor for cryptocurrency administration. The Pakistan Crypto Council (PCC) will be responsible for controlling cryptocurrencies and blockchain innovation while promoting their integration into Pakistan’s economic system.
On March 14, 2025, the Finance Division stated that the council’s formation represents a crucial step for Pakistan to embrace digital finance. This move signifies a commitment to keeping pace with the global adoption of blockchain technology. The council will be guided by Finance Minister Muhammad Aurangzeb and will include the State Bank of Pakistan’s Governor, the SECP’s Chairman, the Federal Law Secretary, and the Federal IT Secretary.
