Pakistan considers National Corrupt “to adopt digital currencies

The Pakistan Ministry of Finance considers the formation of the “National Council for Crypto” for researching the legalization of cryptocurri in the country, toward to a report from the dawn of the local publication. The change in the position has arrived after Minister of Finance Muhammad Auranzeb had a meeting on digital property with a foreign delegation, which included advisers to American President Donald Trump.

According to the report, the Council crypt will be compiled by key representatives of the Government, regulatory bodies and industry experts. It will monitor policy development, engage in regulatory challenges and ensure that the CRIPTO ecosystem in the country develops in a sustainable and secure manner.

Pakistan has over 20 million inhabitants involved in the CRIPTO, but face significant challenges, including major transaction fees. Aurangzeb focused stakeholders to create a framework that would ensure economic sustainability and regulatory mail notices against financial crimes and illegal activities.

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Pakistan’s preliminary move to legalize cryptocurstity is in line with global trends. The United States, EuropeThe United Arab Emirates And other countries have taken preliminary steps last year to increase industry regulation, which can increase innovation and innovation and more improvements in consumer protection.

In the past, the Ministry of Finance and the State Bank of Pakistan opposed the idea of ​​the cryptocurri. Aisha Ghaus Pasha, Previous Minister of State Pakistani for finance and income, once said that the curves would never be legal in the country and that the state bank tried to ban all cryptocurrency In January 2022. Years.

However, Minister of Finance Aurangzeb asked the authorities to approach the legalization and regulation of crypto in the country with “open mind”. In November 2024. State Bank of Pakistan announced a package of proposals This would pave the road to the digital currency of the central bank, or CBDC and purchase, sales and trade by the crypt.

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According to dawn, the party of the delegation meeting with Aurangzeb included Pleay Beach, a Business Associate of President Trump; Nikita Goldsmith, Tech entrepreneur; Alek Malkov, Consultant for Blockechain firms; And Jerad Finck, General Manager of Cosmic Wire. The US Embassy did not publish a visit to the delegation.

Trump administration worked to change tons around the environment of crypto in the United States, overhaul CRIPTTO ARM American Securities and Exchange Commissionsnaming David bags like Cripto Czar and forming the Committee for Research of Opportunities Creating a national stock of digital property. The President Trump gave a few promises to the crypto community while the campaign and even launched his own Memecoin.

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