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

Pakistan establishes Digital Assets Authority to regulate the cryptocurrency industry

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

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: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!