**Synopsis** The Pakistan Crypto Council (PCC) is established to regulate, foster, and integrate blockchain and cryptocurrency innovations within Pakistan's economic landscape. Pakistan has officially inaugurated its national crypto council, aiming to regulate and incorporate blockchain technology and digital assets into the country’s financial ecosystem.

This development follows the appointment of Bilal bin Saqib as Chief Advisor to the Finance Minister, responsible for managing digital assets. The PCC is tasked with overseeing, promoting, and assimilating blockchain and cryptocurrency technologies into Pakistan’s economic framework. A statement from the Finance Division on Friday termed the council's establishment a pivotal moment in the nation’s quest to embrace digital finance, marking its emergence as a crucial entity in the global transition toward blockchain technology. Finance Minister Muhammad Aurangzeb will lead the council, which will include a board comprised of the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), the Federal Law Secretary, and the Federal IT Secretary. This varied leadership structure seeks to provide a balanced regulatory approach, ensuring financial stability, sound legal frameworks, and technological progress. **Live Events** As reported by The Express Tribune, Aurangzeb emphasized during the launch Pakistan's ambition to take a leading role in the digital finance landscape. **Discover the stories of your interest** - Blockchain: 5 Stories - Cyber-safety: 7 Stories - Fintech: 9 Stories - E-commerce: 9 Stories - Machine Learning: 8 Stories - Edtech: 6 Stories "The creation of the Pakistan Crypto Council is a move towards embracing innovation while establishing a regulatory framework aimed at safeguarding investors and the financial system, " he stated. He further reaffirmed the nation’s dedication to nurturing a responsible and progressive cryptocurrency ecosystem conducive to economic growth. Bilal bin Saqib emphasized the council’s significance, noting its mission extends beyond regulation to cultivating an environment where blockchain and digital finance can prosper. The PCC will prioritize setting clear regulatory guidelines to support cryptocurrency adoption, engaging with international organizations in the crypto and blockchain sectors to promote best practices, and encouraging responsible innovation.