Pakistan has positioned itself among the global frontrunners in cryptocurrency adoption, recording an estimated $300 billion in annual crypto transactions and boasting 25 million active users, according to a recent statement from the Finance Ministry.
The announcement came following a strategic partnership between the Pakistan Crypto Council (PCC) and decentralized finance (DeFi) platform World Liberty Financial (WLF), aimed at driving innovation and regulation in the country’s rapidly expanding digital finance ecosystem.
Highlighting Pakistan’s digital potential, the ministry emphasized that over 64% of the country’s population is under the age of 30 — making it one of the world’s most promising markets for digital finance and blockchain innovation.
READ MORE: Gary Trent Jr. Sparks Bucks with Historic Night in Game 3 Win Over Pacers
The PCC-WLF partnership outlines cooperation in several key areas, including:
-
Launching regulatory sandboxes to test blockchain-based financial products
-
Supporting responsible development of DeFi protocols
-
Exploring tokenization of real-world assets such as real estate and commodities
-
Expanding the use of stablecoins for remittances and international trade
-
Providing strategic guidance on blockchain infrastructure and navigating global regulatory frameworks
The move is seen as a major step toward integrating decentralized financial tools within Pakistan’s broader financial landscape, fostering innovation while aligning with international standards.