Pakistan will establish a committee to oversee the formulation of cryptocurrency policies
According to CoinDesk, Pakistan will establish a national cryptocurrency committee responsible for legislating for the industry. This decision was made after meeting with President Donald Trump's digital asset advisor.
The committee will be a dedicated advisory body composed of government representatives, regulators, and industry experts. The committee will be responsible for formulating regulatory policies and cooperating with other countries to promote the establishment of standardized frameworks, according to a statement from the Pakistani Ministry of Finance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Crypto market mixed, PayFi and DeFi sectors both up over 3%, ETH falls below $3,600

Guy Wuollet promoted to fourth General Partner at a16z Crypto
Hackers exploit Polymarket comment section to plant phishing addresses, causing users to lose over $500,000