Pakistan establishes cryptocurrency committee, finance minister as chairman

Odaily Planet Daily News The Pakistani government has established the Pakistan Cryptography Committee (PCC) to oversee the integration and use of blockchain technology and digital assets in the country's financial landscape. The initiative, announced in a statement from the Ministry of Finance, aims to regulate, promote and integrate crypto innovation into Pakistan's economic framework. Finance Minister Muhammad Aurangzeb will serve as chairman of the committee, leading a diverse committee that includes senior officials from major financial and regulatory agencies. The leadership, which consists of the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Minister of Law and Information Technology, aims to ensure a comprehensive approach to regulatory supervision, financial stability, and technological advancement. (Cryptoslate)