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Senators Question Pakistan Crypto Council’s Legality

  • Senators in Pakistan raise concerns about the legality and formation of the Pakistan Crypto Council (PCC) during a Senate Standing Committee meeting on IT & Telecom.
  • Senators question whether Parliament was consulted before the establishment of the PCC and express doubts about its legal authority.
  • The Secretary of IT & Telecom clarifies that the Pakistan Crypto Council is an advisory body to assist in developing cryptocurrency regulation, with the Finance Minister serving as the Chairman.
  • The debate surrounding cryptocurrency regulation in Pakistan intensifies after the government allocates electricity for cryptocurrency mining, sparking calls for greater transparency and parliamentary oversight.

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