Crypto council agrees on technical committee to draft framework for digital and virtual assets – Business
The Pakistan Crypto Council (PCC) has agreed to form a technical committee to draft a framework for digital and virtual assets, the Ministry of Finance said on Monday.
The PCC was officially launched in March to “regulate and integrate blockchain technology and digital assets” into the country’s financial landscape.
According to a press release by the finance ministry, the meeting was chaired by Finance Minister Muhammad Aurangzeb and attended by PCC Chief Executive Officer Bilal Bin Saqib, governor of State Bank of Pakistan (SBP), chairman of Securities and Exchange Commission of Pakistan (SECP), and government officials.
“The meeting focused on the draft regulatory framework for digital and virtual assets in Pakistan, aiming…