Led by Pakistan's Ministry of Finance: Government, central bank, and exchanges gather to discuss the implementation of a digital asset regulatory framework

[Bitpush] Pakistan has recently made a significant move—Finance Minister Muhammad Aurangzeb and PVARA Chairman Bilal Bin Saqib jointly led a meeting that brought together top central bank officials, CEOs of major banks, and the global CEO of a leading exchange, Richard Teng, specifically to discuss how to approach digital assets.

The core topics discussed at the meeting were very practical: How can fiat on- and off-ramps be made both secure and compliant? How can market transparency be improved? After all, to build a reliable digital asset ecosystem, these foundational infrastructures need to be solid.

What’s even more interesting is that they’re also focusing on the real-world applications of blockchain technology. Pakistan processes $38 billion in remittances annually—if an on-chain solution could cut costs, that would be no small amount. Additionally, the tokenization of sovereign debt was also brought up, showing that the government’s exploration of digital financial tools is no longer just at the conceptual stage.