Pakistan Establishes Crypto Council for Regulation and Recognition

Following years of consideration, Pakistan has taken a decisive step towards regulating its cryptocurrency industry. The country is establishing the Pakistan Crypto Council to oversee comprehensive crypto regulations, marking a shift from unregulated practices that have posed both financial and legal risks to investors. This will introduce official recognition for investments in digital assets like Bitcoin ($BTC), Solana ($SOL), and Ethereum ($ETH). The council’s establishment signifies Pakistan’s commitment to fostering innovation in the finance sector while aligning with global regulatory standards regarding crypto assets.