Pakistan advances towards regulated virtual assets framework: FM

Mettis Global reported that Finance and Revenue Minister Senator Muhammad Aurangzeb said Pakistan is progressing toward a controlled structure for virtual assets. He argued that tokenisation should be designed around genuine economic needs rather than technology for its own sake.

Addressing a United Nations digital cooperation event on blockchain, he listed reducing remittance costs, easing financing for SMEs, supporting sovereign debt markets and widening financial inclusion as priorities. He stressed that private creativity has to be backed by sound state protections, accessible digital systems and closer global ties.

The minister also stressed that emerging economies should have a real voice in setting global rules for blockchain, tokenisation and next-generation digital public infrastructure. He framed these points as central to sovereign choices in the digital economy.