- New regulatory body for digital assets; key leadership and $25 billion market impact.
- Marks a pivotal shift towards integrating digital assets in Pakistan.
- Potential for new global investment through structured regulation.
Pakistan has officially established the Pakistan Digital Asset Authority (PDAA) to regulate its $25 billion crypto market, announced by the Ministry of Finance on May 21, 2025. The initiative aims to align with FATF standards and modernize financial infrastructure.
PDAA’s creation is a significant step toward modernizing and regulating Pakistan’s rapidly growing crypto sector, potentially attracting significant global investments.
Pakistan Launches $25 Billion Crypto Regulation Authority
The Pakistani Ministry of Finance has announced the formation of the Pakistan Digital Asset Authority, a move aimed at regulating the cryptocurrency and blockchain industries. The change comes as the government seeks to bring the informal $25 billion crypto market under formal regulation. Muhammad Aurangzeb, Pakistan’s Minister of Finance, is at the forefront, promoting compliance and exploring innovative applications.
Establishing PDAA will initiate the tokenization of national assets and expand avenues for Web3 innovation, spanning stablecoins and DeFi applications. The authority will regulate crypto activities consistent with FATF guidelines, aiming to convert surplus electricity into profits through regulated mining.
Market professionals and the digital finance community have mostly welcomed the announcement. Key officials underscore how the initiative highlights Pakistan’s pursuit of a forward-looking regulatory framework. Aurangzeb emphasized the nation’s goal “to lead in financial innovation.”
Bitcoin Trends and Expert Insights on PDAA’s Impact
Did you know? Pakistan’s strategy to tokenize national assets follows similar paths taken by economic hubs like Singapore and the UAE, positioning the country to benefit from a structured digital economy.
Bitcoin (BTC), the leading cryptocurrency, currently trades at $107,684.97, backed by a market cap of $2.14 trillion, according to CoinMarketCap. The coin dominates market dynamics with 63.16% dominance. Over the past month, BTC’s price surged by 22.27%.
The Coincu research team highlights the PDAA’s potential to propel innovation and attract investments, suggesting that it might trigger new financial and technological transformations in Pakistan’s burgeoning digital asset landscape. The regulatory clarity is expected to support job creation and youth empowerment.
Source: https://coincu.com/338925-pakistan-digital-asset-authority/