Pakistan Crypto Council (CEO) (CEO) Bilal Bin Saqib’s head of management met the American senators Bill Hagerty and Rick Scott during his visit to New York, highlighting the growing commitment of Pakistan with global cryptography policy and the evolutionary landscape of digital finance.
By engaging with American decision -makers, PCC aims to inform and shape a regulatory environment in Pakistan which is aligned worldwide aligned, inclusive and adapted to innovation.
Senator Hagerty, a key support for responsible financial innovation, is the main sponsor of the Genius Act of 2025 (guiding and establishing national innovation for American stablecoins).
The bill presents a full regulatory framework for payment statements in the United States, promoting financial inclusion, guaranteeing the support of assets 1: 1 and strengthening American leadership in the governance of digital money.
In addition, Senator Rick Scott, known for his strong position on privacy and digital freedom, has co-pacarraine the CBDC anti-surveillance State, a bill which aims to directly block the publication of a digital currency of the Central Bank (CBDC).
Senator Scott has always pleaded to protect civil freedoms and ensure that digital financing solutions do not compromise individual confidentiality or give rise to the granting of the State.
With more than $ 36 billion in annual funds, Pakistan sees enormous potential in the floors to reduce costs, improve transparency and improve access to sub-banking populations.
The Genius Act is a model for emerging markets like Pakistan which explore similar paths to integrate digital assets into their financial systems. The PCC’s commitment highlighted the value of such legislative clarity and its potential to guide the regulatory evolution of Pakistan.
The Marshal of the field Mnnir meets the chief PCC
Pakistan has unveiled plans to regulate its vast informal cryptography market and position itself as a regional hub for blockchain, artificial intelligence and digital finance, as part of a wider strategy to exploit the country’s young and excess demography for economic transformation.
During a high-level meeting at the general seat, the chief of staff of the army, Marshal Asim Munnir, met the CEO of CPC, SAQIB, the general manager of Pakistan Crypto Council (PCC) on Friday to discuss the strategic potential of emerging technologies.
The conversation focused on the use of blockchain, cryptocurrency and AI to empower young people and strengthen economic resilience.
“The (PCC) exists because our young people demand a seat at the global technological table,” said SAQIB in Reunion, stressing that digital finance and decentralization offer opportunities, not threats.
The dialogue comes in the middle of an acceleration of regulatory efforts. On Wednesday, the Ministry of Finance announced the training of Pakistan Digital Assets Authority (PDAA), a dedicated organization responsible for supervising the blockchain infrastructure and the regulation of virtual assets.
This decision marks an important step towards the formalization of a market estimated at more than $ 300 billion in annual crypto trading volume.
The Minister of Finance, Muhammad Aurangzeb, said that the PDAA would create “a secure, innovative and inclusive ecosystem for virtual assets” and would help Pakistan as a regional leader in digital finance and blockchain regulation.
He declared that the initiative would also facilitate the tokenization of public assets and public debt, enabled an exploration of regulated bitcoin using an excess electricity and provide legal clarity to global investors.
The announcement reflects an increasing emergency within Pakistan leadership to move to a technology -run growth model.
With more than 70% of its population of 240 million people under the age of 30, Pakistan has one of the most favorable demographic data for digital adoption.
It ranks among the first five countries around the world for the use of cryptography and is the third world market for self -employed, with more than 50,000 IT graduates entering the labor market each year.