Pakistan Creates Digital Asset Authority for Cryptocurrency Regulation

Pakistan has launched a new regulatory body, the Digital Asset Authority (DAAA), to oversee its burgeoning cryptocurrency and blockchain industries. The DAAA will oversee exchanges, wallets, and tokenization applications, aiming to formalize the estimated $25 billion informal crypto market. This significant move was announced on May 21, 2025, following a period of rapid growth in Pakistan’s digital asset sector.