On March 16, the Government of Pakistan established the Pakistan Crypto Council (PCC) to oversee the integration and use of blockchain technology and digital assets within the country's financial landscape. The initiative, announced in a statement by the Ministry of Finance, aims to regulate, promote crypto innovation, and incorporate it into Pakistan's economic framework.

Finance Minister Muhammad Aurangzeb will chair the council, leading a diverse committee that includes senior officials from major financial and regulatory institutions. The leadership comprises the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Minister for Law and Information Technology, aiming to ensure a comprehensive approach to regulatory oversight, financial stability, and technological advancement.