Pakistan sets up new authority for ‘crypto’ oversight
Pakistan has unveiled a new regulatory body to oversee the digital asset sector as adoption in the South Asian nation skyrockets.
Known as the Pakistan Digital Asset Authority (PDAA), the new watchdog has received the endorsement of the Finance Ministry. Minister Muhammad Aurangzeb recently said that PDAA will ensure Pakistan remains Financial Action Task Force (FATF) compliant and promote responsible digital asset use.
“Pakistan must regulate not just to catch up — but to lead,” the…
