The Pakistan Crypto Council (PCC) is a government-backed regulatory initiative established to oversee and promote blockchain technology and digital assets in Pakistan. Launched in March 2025, the PCC aims to integrate cryptocurrency into Pakistan's financial ecosystem while ensuring compliance with global standards.
Overview
| Abbreviation | PCC |
|---|---|
| Formation | 14 March 2025 |
| Type | Government-backed initiative |
| Purpose | Regulate and promote blockchain technology and digital assets |
| Location | Islamabad, Pakistan |
| Chairperson | Muhammad Aurangzeb |
| CEO | Bilal Bin Saqib |
| Strategic Adviser | Changpeng Zhao |
Key Statistics (as of May 2025)
- 40 million cryptocurrency users in Pakistan.
- Annual crypto trading volume exceeds $300 billion.
Leadership and Structure
The PCC is chaired by Federal Finance Minister Muhammad Aurangzeb, with Bilal Bin Saqib serving as CEO. The council's governing board includes high-ranking officials such as:
- Governor of the State Bank of Pakistan
- Chairman of the SECP
- Federal Law Secretary
- Federal IT Secretary
Appointments
- Changpeng Zhao (Binance co-founder) was appointed as Strategic Adviser in April 2025.
- Bilal Bin Saqib was named Special Assistant to the Prime Minister on Blockchain and Cryptocurrency in May 2025.
Recent Developments
Strategic Bitcoin Reserve
- Unveiled at Bitcoin Vegas 2025, marking Pakistan's first government-led crypto reserve.
Bitcoin Mining and AI Initiatives
- 2,000 MW of surplus electricity allocated for Bitcoin mining and AI data centers.
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FAQs
1. What is the Pakistan Crypto Council?
The PCC is a regulatory body established by the Pakistani government to oversee blockchain and digital asset development.
2. Who leads the PCC?
Finance Minister Muhammad Aurangzeb chairs the council, with Bilal Bin Saqib as CEO.
3. What are PCC’s key goals?
- Regulate crypto trading
- Promote blockchain adoption
- Align with FATF/IMF standards
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4. How does the PCC support miners?
By allocating 2,000 MW of electricity for Bitcoin mining and AI data centers.
Conclusion
The PCC positions Pakistan as an emerging hub for blockchain innovation, combining regulatory clarity with strategic investments in crypto infrastructure.
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