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Pakistan at important stage in shaping its digital asset ecosystem: Aurangzeb

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Finance Minister Muhammad Aurangzeb said on Tuesday that Pakistan was at an early but important stage in shaping its digital asset ecosystem.

He expressed the views during a meeting with a visiting delegation from Icoin Technology Inc, a Silicon Valley-based blockchain infrastructure company. The delegation was led by the company’s Chief Executive Officer Chet Silvestri, the finance ministry said in a press release.

According to the press release, the minister said Pakistan was at an early but important stage in shaping its digital asset ecosystem and welcomed knowledge-sharing and responsible investment aligned with national priorities.

During the meeting, Aurangzeb briefed the delegation on Pakistan’s ongoing efforts to develop a “structured and responsible” framework for digital assets and apprised it of the progress made toward the establishment of a Pakistan Crypto Council and the Pakistan Virtual Assets Regulatory Authority (PVARA)

“The minister highlighted Pakistan’s growing participation in global digital asset activity, as reflected in international analytics and emphasised the government’s resolve to channel this activity into a well-regulated environment that........

© Dawn Business