Pakistan Regulates Cryptocurrency Use but Stops Short of Official Recognition
October 10, 2025
The Government of Pakistan has clarified its stance on cryptocurrency, confirming that while digital currencies are being regulated to prevent misuse, they are not officially recognized or promoted in the country.
During a recent National Assembly session, Federal Minister Tariq Fazal Chaudhry explained that the government’s approach aims to ensure transparency, security, and compliance with international financial standards.
Regulations Aimed at Preventing Misuse
The minister stated that new regulations are being designed to monitor and prevent illegal activities linked to digital assets. He added that the Special Assistant to the Prime Minister is overseeing all matters related to cryptocurrency to ensure a structured and safe regulatory process.
“The government neither promotes nor discourages cryptocurrency, but necessary steps are being taken to control its misuse,” Tariq Fazal Chaudhry told lawmakers.
Ensuring Compliance with Global Standards
Responding to a question raised by Mirza Ikhtiar Baig regarding the legal status of cryptocurrency and Financial Action Task Force (FATF) concerns, the minister said that all relevant international compliance measures are being addressed through a comprehensive policy framework.
He reiterated that Pakistan’s approach will align with global financial norms to safeguard users and maintain stability in the financial system.
A Balanced Approach Toward Digital Finance
Pakistan’s evolving stance reflects a cautious but forward-looking policy — regulating cryptocurrencies to prevent risks while exploring opportunities within a secure framework.
As discussions continue, stakeholders in the financial and tech sectors await further updates on the official regulatory framework for digital currencies in Pakistan.
