<ul><li>Pakistan has launched the Pakistan Digital Assets Authority (PDAA) to regulate the digital asset market, attract foreign investment, and set rules for trading digital currencies.</li><li>The PDAA will oversee sectors like exchanges, custodians, wallets, tokenized platforms, stablecoins, and decentralized finance (DeFi) applications to provide transparency and security to investors and consumers.</li><li>Changpeng Zhao, co-founder of Binance, has joined the Pakistan Crypto Council as a strategic adviser to guide regulatory changes, aiming to support digital asset adoption while enhancing economic inclusion and innovation.</li><li>The PDAA is expected to impact Pakistan's economy significantly by supervising the estimated $25 billion informal crypto market, supporting tokenization of national assets, and utilizing Bitcoin mining operations to monetize surplus electricity.</li></ul>

Pakistan Creates Digital Assets Authority to Boost Crypto Economy and Investment

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