Pakistan Among Top Countries in Global Crypto Adoption, Says Finance Ministry
Youthful Population, Strong Remittances, and Government Support Are Driving Pakistan’s Rapid Rise in the Global Crypto Market
Pakistan has emerged as one of the leading countries in the world for cryptocurrency adoption, according to a recent statement by the Ministry of Finance. With more than 25 million active cryptocurrency users and an estimated $300 billion in annual crypto transactions, Pakistan’s digital economy is growing at a remarkable pace.
The surge in cryptocurrency usage is largely driven by the country’s youthful and tech-savvy population. Many young Pakistanis are turning to digital assets as an alternative means of saving, investing, and making international transactions. Experts believe this shift is helping bridge financial gaps and introducing new opportunities for economic growth.
To support and regulate this growing sector, the government of Pakistan established the Pakistan Crypto Council (PCC) in March 2025. Led by Finance Minister Muhammad Aurangzeb, the council includes key policymakers such as the Governor of the State Bank of Pakistan and the Chairman of the Securities and Exchange Commission. Bilal Bin Saqib has been appointed as the CEO of the council, while Binance co-founder Changpeng Zhao has joined as a strategic advisor to strengthen global cooperation.
The Pakistan Crypto Council has already begun forming international partnerships to develop better regulatory frameworks. One notable partnership is with the World Liberty Forum, an organization backed by Donald Trump. Through such collaborations, Pakistan aims to enhance blockchain integration and create a safer, more transparent environment for crypto-related activities.
Experts highlight that the use of cryptocurrency can significantly improve Pakistan’s financial system, especially in managing remittances. With over $35 billion in annual remittances from overseas Pakistanis, cryptocurrency offers a faster and more cost-effective way to send money back home compared to traditional banking systems.
Pakistan’s growing role in the global digital finance space reflects a broader trend of embracing innovation while working toward creating an inclusive and regulated environment for all users. Government officials have emphasized that with the right policies and international cooperation, Pakistan could become a major hub for blockchain technology and digital finance in the coming years.