Pakistan Goes Crypto: New Authority to Unleash Blockchain Potential

Pakistan established the Pakistan Digital Assets Authority (PDAA) in May 2025 to regulate its blockchain and cryptocurrency sector, this initiative aims to foster innovation, protect consumers, and attract global investment. The PDAA is responsible for overseeing licensing, compliance, and innovation across various digital assets, including crypto exchanges, DeFi applications, and tokenized platforms

This move follows the creation of the Pakistan Crypto Council (PCC) in March 2025, which recommended the formation of the PDAA. The PDAA intends to regulate Pakistan’s substantial informal crypto market, facilitate asset tokenization, enable regulated Bitcoin mining, and support blockchain-based startups.

By establishing the PDAA, Pakistan aims to align with global financial standards and FATF compliance, positioning itself alongside leading economies like the UAE and Singapore in fostering a regulated and innovative digital asset ecosystem. This initiative is expected to boost investor confidence and promote economic inclusion within the country.