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Public-private collaboration is shaping Pakistan’s crypto economy

The following is a guest post and opinion from Vince Kadar, CEO of Polymath.

The global crypto landscape is evolving rapidly, and Pakistan is no exception. US President Donald Trump’s pro-crypto policies have influenced the Pakistani government’s stance, transforming it from a crypto-averse nation into one that is actively working to build a crypto-friendly economy. Leading this shift is the Pakistan Crypto Council (PCC), which is playing a crucial role in formulating a comprehensive regulatory framework—a move reminiscent of similar efforts in the United States.

However, for Pakistan to establish itself as a true crypto hub and attract foreign direct investment (FDI), government efforts alone are not enough. Public-private collaboration is essential to educating policymakers, shaping legal frameworks, and ensuring the sustainable growth of Pakistan’s digital financial ecosystem.

Pakistan Crypto Council Follows the American Model

A look at recent global political events reveals the ideological foundation of the Pakistan Crypto Council and its policy direction.

In May 2023, Aisha Ghaus Pasha, a former Pakistani Minister of State for Finance and Revenue, said crypto would never be legal in Pakistan. The move came after the Financial Action Task Force (FATF) removed Pakistan from its gray list and set strict anti-money laundering restrictions.

A year later, on November 4, 2024, the Pakistani government changed its anti-crypto stance and considered regulating cryptocurrencies as legal tender. It’s not a coincidence that the US elections were held on the same day.

After Donald Trump won, he signed an executive order in January 2025 to form a Working Group on Digital Assets. The Group was an executive advisory council responsible for exploring a comprehensive digital asset regulatory framework.

Soon after, the Finance Ministry of Pakistan announced it was considering forming a “National Crypto Council” to legalize crypto. Interestingly, the announcement came after Pakistani Finance Minister Muhammad Aurangzeb met a foreign delegation, including Trump’s advisers, to discuss digital asset regulations.

The Pakistan Crypto Council was formed in March 2024, with the Finance Minister as Chairman and Bilal bin Saqib as CEO.

Acknowledging the US President’s role, Saqib said that Donald Trump is

“the biggest bullish catalyst for crypto in history.” He further noted, “Trump is making crypto a national priority, and every country, including Pakistan, will have to follow suit or will be at the risk of being left behind.”

In America, Trump doesn’t want the crypto industry restricted by federal agencies’ red tape and bureaucratic quagmire. Thus, he has ensured that private company executives, CEOs, and founders are onboarded to lead crypto innovation in his country.

Trump has appointed ex-Paypal COO David Sacks as the “White House A.I. & Crypto Czar” to “guide policy for the Administration.” He also hosted the first White House Crypto Summit, bringing private industry leaders together to discuss crypto legislation.

Following in Trump’s footsteps, the Pakistan Crypto Council has also adopted a public-private collaborative approach towards the crypto economy. Such joint partnerships between the government and industry leaders are essential for building Pakistan’s future-proof digital financial ecosystem.

Private Enterprises’ Critical Role in Policy-Making

Recognizing the strategic importance of blockchain and crypto, Pakistan’s Prime Minister Shehbaz Sharif recently convened a high-level meeting in Islamabad to discuss investments in Bitcoin mining and asset tokenization. Key government officials, the CEO of the Pakistan Crypto Council, and representatives from major crypto firms attended.

During the discussions, Sharif directed the Pakistan Crypto Council to engage with private sector leaders to build infrastructure for Bitcoin mining and tokenization. One proposed initiative involves utilizing Pakistan’s excess energy to power Bitcoin mining operations.

The meeting also covered plans for a $3.5 billion Bitcoin mining infrastructure and leveraging blockchain technology to strengthen Pakistan’s economic resilience. Additionally, the focus was on creating compliant asset tokenization products and establishing a robust regulatory framework for digital assets.

This shift in governance—mirroring American strategies for crypto industry collaboration—highlights the critical role of private enterprises in shaping policy. Industry experts possess deep insights into market needs, making their input invaluable in crafting effective regulations.

According to a 2024 Chainalysis report, Pakistan ranked ninth in global crypto adoption. Citing this data, the Pakistan Crypto Council’s CEO said,

“With Pakistan ranking in the top 10 for global crypto adoption and an estimated 25M+ active users, alongside a $30B+ foreign remittance market, blockchain presents an unparalleled opportunity for innovation and growth. This is just the beginning; Pakistan is open for business.”

It is clear that for Pakistan to develop its crypto ecosystem securely and sustainably, the government cannot act alone. Just as the US integrates industry leaders into regulatory discussions, Pakistan must foster collaboration between government representatives, regulatory authorities, and crypto experts.

By aligning with Trump’s playbook, the Pakistan Crypto Council has already made a bold statement: “Pakistan is done sitting on the sidelines!” As a high-potential, cost-effective market with a young and tech-savvy workforce, Pakistan must harness the expertise of private enterprises to drive job creation and regulatory advancements.

With Pakistan accelerating its policy shift to strengthen the blockchain industry, a robust public-private partnership is the key to establishing the country as a leading crypto innovation hub in South Asia.

The post Public-private collaboration is shaping Pakistan’s crypto economy appeared first on CryptoSlate.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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