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Pakistan Launches Digital Assets Authority to Regulate Crypto sector

  • Pakistan has launched the Pakistan Digital Assets Authority (PDAA) to regulate the crypto sector and accelerate the growth of the virtual asset economy.
  • The core objective of PDAA is to ensure FATF-compliant innovation, promote economic inclusion, and support the responsible adoption of digital assets in Pakistan.
  • The PDAA will regulate exchanges, custodians, wallets, tokenized platforms, stablecoins, and DeFi applications under one agile framework, aligning Pakistan with global leaders in digital asset regulations.
  • The establishment of PDAA is expected to bring benefits such as regulating the informal crypto market, providing legal clarity to investors, enabling tokenization of national assets, and fostering tech-driven entrepreneurship.

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