Pakistan Establishes Digital Asset Authority for Crypto Regulation

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Pakistan’s Ministry of Finance has endorsed the creation of a dedicated body to regulate the country’s blockchain-based financial infrastructure.

The Pakistan Digital Assets Authority (PDAA) will oversee licensing and regulation of exchanges, custodians, wallets, tokenized platforms, stablecoins, and decentralized finance applications, according to a May 21 report by the state-owned broadcaster, PTV.

Federal Minister for Finance and Revenue, Muhammad Aurangzeb, stated, “Pakistan must regulate not just to catch up, but to lead in the industry.”

“With the PDAA, we’re establishing a future-ready framework to protect consumers, attract global investment, and position Pakistan at the forefront of financial innovation,” he added.

The PDAA will also focus on tokenizing national assets, managing government debt, monetizing surplus electricity through regulated Bitcoin mining, and supporting startups in developing scalable blockchain-based solutions.