CRYPTO Legalized in Pakistan:
Yes, as of May 2025, Pakistan has taken significant steps toward legalizing and regulating cryptocurrency.
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🇵🇰 Pakistan’s Crypto Legalization: Key Developments
Formation of the Pakistan Crypto Council (PCC): In March 2025, the government established the PCC under the Ministry of Finance to develop comprehensive crypto regulations and promote blockchain adoption.
Creation of the Pakistan Digital Assets Authority (PDAA): In May 2025, the Ministry of Finance approved the establishment of the PDAA to oversee licensing, compliance, and innovation within the digital asset ecosystem. The PDAA will regulate exchanges, custodians, wallets, tokenized platforms, stablecoins, and decentralized finance applications.
Allocation of Surplus Electricity for Bitcoin Mining and AI Centers: Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and AI infrastructure, aiming to attract foreign investment and monetize excess electricity.
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📈 Economic and Technological Implications
Growing Crypto Adoption: Pakistan ranks ninth in Chainalysis’ 2024 crypto adoption index, with an estimated 15–20 million crypto users.
Market Potential: The informal crypto market in Pakistan is valued at over $25 billion, and the formal crypto market is projected to reach $1.6 billion in 2025.
Youth Empowerment and Digital Exports: The government's initiatives aim to upskill Pakistan's youth in blockchain and AI, fostering job creation and boosting digital exports.
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🧭 Strategic Vision
The establishment of the PCC and PDAA reflects Pakistan's strategic shift towards embracing digital finance and positioning itself as a hub for blockchain and cryptocurrency in South Asia. With clear regulations and a transparent framework, Pakistan aims to attract global investment and foster innovation in the digital economy.
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