Pakistan's Ministry of Finance convened a high-level meeting on the National Digital Asset Framework.

According to Mars Finance, Pakistan's Ministry of Finance recently hosted a high-level consultation meeting on a national digital asset framework, co-chaired by Finance Minister Senator Muhammad Aurangzeb and PVARA Chairman Bilal bin Sakib. The meeting brought together senior officials from the State Bank of Pakistan, heads of major banks, and Binance executives, including Global CEO Richard Teng. The meeting focused on building a secure and transparent digital asset ecosystem, discussing issues such as the responsible deployment of deposit and withdrawal infrastructure, strengthening compliance standards, and improving market transparency. Participants also explored the potential of blockchain technology in reducing Pakistan's $38 billion annual remittance costs, as well as the possibility of sovereign debt tokenization.