Pakistan has reached an important stage in the development of its digital assets sector, according to Finance Minister Muhammad Aurangzeb. He shared this view during a meeting held on Tuesday with a delegation from a US-based digital company.
The delegation from iCoin Technology met the federal finance minister to discuss investment opportunities in Pakistan. The meeting focused on building a clear regulatory framework for digital assets. Both sides exchanged views on how Pakistan can benefit from modern financial technologies.
Finance Minister Muhammad Aurangzeb said the country has entered an early but critical phase in the digital assets sector. He stressed that this stage requires careful planning and strong coordination. He directed banks and financial regulators to improve cooperation.
The iCoin Technology delegation expressed strong interest in investing in Pakistan. They highlighted the advantages of blockchain technology. They also discussed the use of stablecoins to reduce transaction costs. According to the delegation, digital systems can improve speed and efficiency in financial services.
Officials explained that low-cost digital financial tools could help expand access. These systems may benefit businesses and individual users alike. The delegation said Pakistan has strong potential due to its growing tech base.
The finance minister also shared updates on government initiatives. He said progress is being made toward setting up a Crypto Council. Work is also underway to establish a Virtual Assets Regulatory Authority. These bodies will help guide policy and oversight.
He said the government wants to bring the digital assets sector into a safe and transparent environment. User protection remains a key goal. Authorities aim to make digital systems easy to use and secure.
Consumer protection was another major point of discussion. Both sides agreed on the need for clear rules. Transparency and accountability were described as essential for public trust.
The delegation also shared experiences from the United States and Canada. They explained how regulation in those countries supports innovation. They said strong oversight can exist alongside growth.
The meeting highlighted the importance of learning from global models. Officials believe these insights can help Pakistan avoid common risks.
Both sides agreed to continue discussions in the future. They expressed interest in deeper cooperation and knowledge sharing.
Pakistan’s move toward regulating digital finance marks a policy shift. Experts say success will depend on careful implementation and coordination.
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As the digital assets sector evolves, officials say steady progress will remain a priority.
