Pakistan Among World’s First Three Countries to Move Toward Crypto Adoption: Official

Islamabad: Pakistan has positioned itself among the world’s first three countries to formally move toward the adoption of cryptocurrency frameworks, an official statement said, marking a significant step in the country’s digital finance landscape.

Bilal bin Saqib, a government-linked official involved in digital and financial innovation initiatives, said that for the first time Pakistan has opened a “regulated, transparent, and internationally compliant pathway” for global cryptocurrency exchanges.

“This is a historic development that lays the foundation for organized and transparent engagement with global crypto markets,” he said, adding that the move aims to align Pakistan with international standards while ensuring regulatory oversight.

Officials said the initiative is intended to bring structure to the digital asset ecosystem, enhance investor confidence, and reduce risks associated with unregulated trading. It is also expected to improve compliance with global financial norms related to transparency, consumer protection, and anti-money laundering measures.

While further regulatory details are expected to be announced, the development reflects Pakistan’s broader efforts to modernize its financial system and explore emerging financial technologies.