Islamabad: Finance Minister Muhammad Aurangzeb has stated that Pakistan is at an early but important stage in shaping its digital asset ecosystem. Talking to a delegation of Icoin Technology Inc. led by its Chairman and Chief Executive Officer, Chet Silvestri, he welcomed knowledge-sharing and responsible investment aligned with national priorities.

According to Radio Pakistan, the Finance Minister highlighted Pakistan's growing participation in global digital asset activity, as reflected in international analytics. He emphasized the government's resolve to channel this activity into a well-regulated environment that safeguards users while encouraging innovation and investment. Muhammad Aurangzeb underscored that regulation was essential to balance opportunity with risk, particularly in light of increasing volumes of digital asset usage by Pakistani citizens.

The delegation highlighted the transformational potential of blockchain technology and stablecoins in modernizing financial infrastructure by enabling faster, lower-cost, and more transparent transactions, while maintaining regulatory oversight. Reference was made to recent legislative developments in the United States aimed at bringing coherence to digital asset regulation, particularly in relation to stablecoins and the integration of digital assets within the banking system.

The delegation emphasized that young and tech-savvy populations across markets are already engaging with digital assets and that regulated participation through banks helps retain activity within the formal financial system.