Pakistan Establishes PDAA to Regulate $25B Crypto Market

Pakistan has taken a significant step toward regulating its burgeoning crypto market by establishing the Pakistan Digital Assets Authority (PDAA). With a value of around $25 billion, this initiative seeks to attract foreign investment and foster blockchain innovation. The PDAA, spearheaded by Federal Minister for Finance and Revenue Muhammad Aurangzeb, aims to create a robust regulatory framework that enhances investor confidence and aligns Pakistan’s crypto market with international standards.