The government has endorsed the establishment of Pakistan Digital Assets Authority (PDAA) to regulate block chain-based financial infrastructure.

The PDAA will serve as a specialized regulatory body with a clear mandate: to oversee licensing, compliance, and innovation within the digital asset ecosystem.

It will regulate exchanges, custodians, wallets, tokenized platforms, stablecoins, and DeFi applications — all under a single, agile framework.

This strategic decision aligns Pakistan with other forward-thinking economies such as the UAE, Japan, Singapore, and Hong Kong which have established digital asset regulators to foster innovation while ensuring compliance with global financial norms.

Finance Minister Muhammad Aurangzeb said that with the PDAA, we are creating a future-ready framework that protects consumers, invites global investment, and puts Pakistan at the forefront of financial innovation.