Pakistan, June 6 -- ISLAMABAD - Pakistan is on the verge of regulating cryptocurrencies and digital assets, as the government reviews a comprehensive draft law aimed at setting the legal and operational framework for the sector.

In a high-level meeting chaired by Finance Minister Senator Muhammad Aurangzeb, key stakeholders-including heads of the State Bank of Pakistan (SBP), Securities and Exchange Commission of Pakistan (SECP), Law Ministry, and Ministry of IT and Telecom-gathered in Islamabad. The meeting also saw virtual participation from Bilal Bin Saqib, Minister of State on Blockchain and Crypto, and CEO of the Pakistan Crypto Council (PCC).

During the session, the Ministry of Law and Justice presented a detailed draft of the pro...