Pakistan Cheap Council: Pakistan is launching the Blockchain technology to integrate with the financial scene

Pakistan has officially launched the National Council for Crypting to organize and integrate Blockchain technology and Digital assets In the country’s financial system. This development comes after the last appointment of Bilal Bin Sakb as the chief adviser to the Minister of Finance for the Department of Digital Assets.

the Pakistan encryption council (PCC) would organize, promote and integrate Blockchain and Cryptocurrency innovations in the economic framework of Pakistan.

A statement issued by the Finance Department on Friday described the formation of the council as an important step in the country’s efforts to adopt Digital financingPut it as a major player in the global shift towards Blockchain technology.

The Council will lead the Minister of Finance, Mohamed Orange, with its direct council, which includes a ruler State Bank in PakistanChairman of the Securities and Stock Exchange Committee in Pakistan (SECP), Minister of Federal Law, and Federal Information Technology Secretary.

The diverse leadership structure aims to ensure a balanced approach to organizational supervision, financial stability, legal frameworks and technological progress.

According to the newspaper Express Tribune, Aurangzeb emphasized during lunch on Pakistan’s desire to drive in the field of digital financing.

He said, “The establishment of the Pakistan Exoding Council is a step towards embracing innovation while ensuring the creation of an organizational framework that protects investors and the financial system,” he said. It also highlighted the country’s commitment to strengthening the responsible and progressive ecosystems system for economic growth.

Bilal bin Sakb stressed the importance of the council, saying that his concentration extends beyond the organization to creating an environment in which Blockchain and digital financing can be flourished.

PCC priorities include clear organizational guidelines to facilitate the adoption of cryptocurrencies, engage with international encryption and encryption organizations to ensure best practices, and promote responsible innovation.