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>>Pakistan becomes the first South Asian nation to legalize cryptocurrency, aiming to boost investment and potentially reaching 15-20 million users.

Pakistan becomes the first South Asian nation to legalize cryptocurrency, aiming to boost investment and potentially reaching 15-20 million users.

crypthub

3/20/2025, 2:59:28 PM

Pakistan's Cryptocurrency Legalization

Pakistan is poised to approve cryptocurrency trading, targeting international investment. Bilal bin Saqib, CEO of the Pakistan Crypto Council and Finance Ministry advisor, confirms the country's plan to regulate digital assets, aiming to foster its Web3 sector and tap into its tech-savvy youth population.

Strategic Initiative

This move follows the creation of the Pakistan Crypto Council, charged with integrating blockchain technology into the economy. Led by Finance Minister Muhammad Aurangzeb and including top financial officials, the council aspires to make Pakistan the first South Asian nation to legalize cryptocurrencies, potentially surpassing India in this regard.