Pakistan Seeks Mutually Beneficial Partnership with US on Digital Asset Regulation

Washington: Pakistan’s Ambassador to the United States, Rizwan Saeed Sheikh, says Islamabad looks forward to forging a mutually beneficial partnership with the US in the realm of streamlining and regulating digital assets. He expressed these views during a meeting with US Executive Director of the President’s Council of Advisors for Digital Assets, Patrick Witt.

According to Radio Pakistan, the Ambassador emphasized that the road to a new economy is paved with cooperation, collaboration, and coordination. Rizwan Saeed Sheikh highlighted Pakistan’s significant progress in the adoption and regulation of digital assets and cryptocurrencies. He noted the establishment of the Pakistan Crypto Council (PCC), the promulgation of the Virtual Assets Ordinance/Act 2025, the creation of the Pakistan Virtual Assets Regulatory Authority (PVARA), and a landmark shift in the central bank’s perspective as reflective of Pakistan’s conscious effort to establish an institutional framework and comprehensive ecosystem to facilitate millions of digital asset users.

The Ambassador also expressed deep appreciation for President Donald Trump’s leadership in streamlining and regulating the new economy and the era of digital finance and blockchain revolution.