ISLAMABAD:

Federal Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry on Friday informed the National Assembly that the government has formally established the Pakistan Crypto Council to develop a regulatory and operational framework for cryptocurrency in the country.

Responding to questions during the Question Hour, the minister clarified that the government neither intends to promote nor discourage cryptocurrency but aims to regularise and channel it under a structured legal system to prevent misuse and ensure transparency.

He explained that cryptocurrency is a relatively new concept in Pakistan, and the government prefers to handle it through proper institutional mechanisms rather than ad hoc measures. "We are working to ensure that crypto-related activities are regulated in

See Full Page