Pakistan, June 2 -- The Senate Standing Committee on IT and Telecom has raised concerns over the formation of the newly established Crypto Council. The meeting was chaired by Senator Palwasha Khan at Parliament Lodges. Members discussed the need for legal clarity and questioned the council's foundation. The IT Secretary briefed the committee on the council's role and structure. He confirmed that the Finance Minister leads the council, while he serves as a member from the IT side.

However, several senators were not satisfied. Senator Humayun Mohmand and Senator Kamran Murtaza questioned the legal grounds of the Crypto Council. They asked if a council could be formed through an executive order. They also raised concerns about who would be ...