Is Pakistan Getting Serious? $25 Billion in Digital Assets Awaiting "Incorporation"

[Crypto World] Pakistan has been making some big moves lately. Right after a top executive from a leading exchange met with local political and military leaders, regulatory frameworks have been put on the agenda.

To be fair, Pakistan ranks third globally in crypto adoption, with users transacting over $250 billion a year—this scale is definitely not to be underestimated. But the problems are obvious—about $25 billion worth of digital assets are outside regulatory oversight, neither taxed nor effectively protected.

Now the authorities have a clear idea: set up the rules. How licenses are issued, how the market is managed, whether to launch a national digital currency—all of these are under discussion. On the one hand, they want to bring the wealth from the gray areas back on track; on the other hand, they need to give investors a sense of security. Transparency and safety are both priorities.

Whether these measures can actually be implemented depends on the upcoming detailed regulations. But judging by their attitude, Pakistan is serious this time.