Pakistan has announced the creation of the Pakistan Digital Assets Authority (PDAA), a new regulatory body tasked with overseeing and guiding its blockchain and cryptocurrency sector. This move follows global trends as governments seek clearer rules for this burgeoning technology. But can this regulator foster innovation, or will it create hurdles for startups? Pakistan’s approach is complex. The PDAA aims to promote blockchain adoption across sectors, protect consumers, ensure compliance with international standards, and attract fintech investments. However, concerns remain about the potential impact on business growth and blockchain adoption. Will this regulation stifle innovation or be a catalyst for progress?