New Pakistani Regulator to Govern Crypto and Boost Financial Tech Growth
Pakistan’s Ministry of Finance has announced the creation of the Pakistan Digital Assets Authority (PDAA) to regulate the country’s digital asset ecosystem.
The PDAA will oversee crypto exchanges, decentralized finance platforms, and blockchain infrastructure, aligning with FATF standards. Finance Minister Muhammad Aurangzeb highlighted the authority’s role in promoting financial innovation, supporting local startups, and enabling asset tokenization.
The initiative targets formalizing Pakistan’s estimated $25 billion informal crypto market while encouraging responsible adoption and economic inclusion.
Clever Robot News Desk 22th May 2025
