Yigit Taha OZTURK 
Pakistan has announced the establishment of a national crypto council to develop regulations for the sector. This decision follows a meeting with President Donald Trump’s digital asset advisors.
Crypto Council and Its Responsibilities
According to a report by local news outlet Dawn, the crypto council will be a dedicated advisory body consisting of government representatives, regulatory authorities, and industry experts. The council will oversee policy development and collaborate with other nations to contribute to the creation of standardized frameworks.
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In the past, Pakistan’s Finance Ministry opposed crypto regulations, but Finance Minister Muhammad Aurangzeb stated that he would approach the matter with an open mind. He also emphasized the importance of a well-regulated digital asset framework.
Meeting with Trump’s Advisors
On Tuesday, Aurangzeb attended a meeting with a foreign delegation, which included President Donald Trump’s digital asset advisors. Reports suggest that many nations are closely watching the U.S.’s pro-crypto policies, which have gained momentum since Trump’s election.
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