TRADE & ECONOMY
Federal Finance Minister Muhammad Aurangzeb on Tuesday held a meeting with a delegation of the American digital technology company iCoin Technology, during which detailed discussions were held on the regulatory framework and investment opportunities for digital assets in Pakistan.
According to officials, the delegation expressed strong interest in investing in Pakistan and briefed the finance minister on the potential benefits of blockchain technology, stablecoins, and low-cost digital financial systems.
During the meeting, the finance minister directed authorities to enhance coordination between commercial banks and relevant regulatory bodies, noting that Pakistan has entered an initial but critical phase in the development of the digital assets sector.
Aurangzeb said the government was making progress on the establishment of the Crypto Council and the Virtual Asset Regulatory Authority, adding that bringing digital assets into a secure, transparent and user-friendly regulatory environment remains a key government priority.
Both sides agreed on the importance of consumer protection, transparency and regulatory clarity to ensure sustainable growth of the sector. The iCoin delegation also shared insights from the United States and Canada, highlighting how modern digital financial systems could help strengthen Pakistan’s digital economy.
The meeting concluded with a consensus on continuing engagement to explore practical avenues for investment and cooperation in Pakistan’s emerging digital finance landscape.