Pakistan digital finance sector has taken an important step forward after a high-level meeting at the Prime Minister’s Office. The meeting focused on new financial technologies and international cooperation. Officials said the development could reshape Pakistan’s digital economy in the coming years.
The meeting took place between the Pakistan Virtual Assets Regulatory Authority and a delegation from the United Arab Emirates. Senior representatives from DAMAC Group and its regulated digital platform Payco also attended. DAMAC Group is a well-known global real estate and investment company based in the UAE.
The session was chaired by Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority. UAE Ambassador to Pakistan, Salem Mohammed Al Zaabi, joined the meeting as a special guest. Officials described the discussion as productive and forward-looking.
A key focus of the meeting was asset tokenization. Participants discussed the tokenization of real estate, government assets, and debt instruments. Tokenization allows physical assets to be converted into digital tokens using blockchain technology. Experts see this as a major tool for modern financial systems.
Bilal bin Saqib said Pakistan digital finance could benefit greatly from tokenization. He explained that many assets in the country remain underused. Tokenization can help convert these idle assets into investment opportunities. This process can also attract foreign investors through secure and transparent systems.
He added that Pakistan digital finance framework aims to meet global standards. Transparent systems can improve investor confidence and reduce risks. Officials believe this approach will support long-term economic growth.
The meeting also highlighted cooperation with international partners. UAE-based firms shared their experience in regulated digital platforms. Officials said such partnerships could help Pakistan adopt best practices in digital finance regulation.
Earlier, Bilal bin Saqib shared updates on crypto-related developments. He said crypto mining activities are expected to begin in Pakistan within the next few weeks. He noted that new technologies have made mining more efficient and manageable.
In an interview, he explained that mining cards could be installed at power plants. This method may help use surplus energy and reduce wastage. Officials said this approach could support Pakistan digital finance ecosystem without placing pressure on the power grid.
Experts believe these steps show growing maturity in Pakistan digital finance policies. Regulatory clarity is seen as critical for attracting international investment. Authorities say strong oversight will remain a priority.
The government has stressed that digital finance initiatives will follow strict legal frameworks. Officials want to ensure safety, transparency, and consumer protection. They say balanced regulation will help innovation grow responsibly.
Pakistan digital finance sector is still developing, but recent moves show strong momentum. Policymakers believe technology-led reforms can support economic stability. Continued cooperation with global partners is expected to play a key role.
Pakistan foreign exchange position has shown notable improvement amid recent economic measures. For more updates, read Pakistan’s Foreign Exchange Reserves Hit Billions This Week to understand the latest trends.
