Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Pakistan establishes Digital Assets Authority to regulate the cryptocurrency industry

Pakistan establishes Digital Assets Authority to regulate the cryptocurrency industry

View original
金色财经金色财经2025/05/22 06:21

According to Cointelegraph, the Ministry of Finance of Pakistan has approved the establishment of the Pakistan Digital Asset Authority (PDAA) as a regulatory body specifically overseeing blockchain financial infrastructure. This agency will be responsible for regulating the licensing and operation of exchanges, custodians, wallets, tokenization platforms, stablecoins, and decentralized finance applications. Pakistan's Minister of Finance and Revenue, Muhammad Aurangzeb, stated that the PDAA will be responsible for the tokenization of state assets, government debt management, and utilizing Pakistan's surplus electricity through Bitcoin mining.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!