Introduction
In a major step toward regulating digital assets, Pakistan has established the Pakistan Digital Assets Authority (PDAA) under the newly enacted Virtual Assets Ordinance 2025. This move aims to bring order to the country’s rapidly growing cryptocurrency market, estimated to be worth around $25 billion.
Key Highlights
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The PDAA will oversee crypto exchanges, wallets, tokenized assets, DeFi platforms, and more, aligning regulations with FATF standards.
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The move will ensure investor protection, drive innovation, and attract foreign investment by providing a transparent and structured regulatory landscape. Wikipedia
Strategic Importance
This initiative marks Pakistan’s pivot from skepticism to active engagement with digital finance. By offering licensing and compliance mechanisms, the PDAA lays the groundwork for safer and more inclusive digital asset adoption.