Internet reports that the Pakistan government has established the Pakistan Cryptocurrency Commission (PCC) to oversee the integration and use of blockchain technology and digital assets in the country's financial sector. The PCC's agenda includes developing clear regulatory guidelines for cryptocurrency adoption, working with international cryptocurrency and blockchain organizations, and promoting responsible innovation. The committee will also focus on consumer protection and financial security through a sound legal and compliance framework. Finance Minister Muhammad Aurangzeb will chair the committee, leading a diverse committee that will include senior officials from major financial and regulatory agencies. The leadership, which consists of the Governor of the State Bank of Pakistan, Chairman of the Securities and Exchange Commission of Pakistan (SECP) and the Federal Minister of Law and Information Technology, aims to ensure a comprehensive approach to regulatory oversight, financial stability and technological progress. Pakistan currently has one of the countries with the highest adoption rates of cryptocurrency, with an estimated 20 million active cryptocurrency users and cryptocurrency transactions exceeding US$20 billion.