US and Pakistan discuss digital asset regulation — Dawn
In Islamabad, Pakistan, US Chargé d’Affaires Natalie Baker met on Sunday with Minister of State and head of the Pakistan Virtual Assets Regulatory Authority Bilal bin Saqib. The parties discussed the latest changes in the country’s regulatory environment for digital assets.
Virtual asset regulation
Bilal bin Saqib briefed the US diplomatic representative on the development of Pakistan’s digital asset sector. He also spoke about efforts to create a modern, reliable and transparent system for regulating the virtual asset market.
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As Dawn reports, the United States and Pakistan have intensified cooperation in the field of digital asset regulation. The article notes that this reflects growing attention to creating a secure and sustainable system for the virtual asset market.
Digital economy
The meeting participants also discussed the digital economy in general, focusing on innovation and financial transparency. Work on the regulatory system is intended to bring Pakistan’s virtual asset market into line with international standards.
