<ul><li>The Ministry of Finance of Pakistan has announced the launch of the Pakistan Digital Assets Authority (PDAA) to regulate blockchain-based financial infrastructure in the country.</li><li>The PDAA will oversee licensing and regulation of exchanges, custodians, wallets, tokenized platforms, decentralized finance applications, and more.</li><li>The creation of PDAA aims at creating a framework for financial innovation, safeguarding consumers, inviting global investment, and positioning Pakistan as a leader in the crypto market.</li><li>The Federal Investigation Agency of Pakistan has proposed a regulatory design for virtual assets to address terrorism financing, money laundering, and Know Your Customer concerns.</li></ul>

Pakistan Launches Digital Assets Authority to Regulate Blockchain Finance

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