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The Pakistani authorities are going to legalize cryptocurrencies. Finance Minister Muhammad Aurangzeb said that he had talked about this topic with foreigners, "including advisers to President Donald Trump on digital assets." The head of the finance department said that there are more than 20 million active users in the digital asset market of Pakistan, who regularly face significant problems, including high transaction fees.
The National Council will include representatives of the government, regulatory authorities, as well as industry experts. The crypto council will have to oversee the development of government policy, address regulatory issues, and ensure the "safe and sustainable development of Pakistan's digital asset ecosystem." For example, it will explore the possibilities of "tokenizing key infrastructure projects and assets of state-owned enterprises."
Earlier, Pakistan's finance minister said that the government is considering using the central bank's digital currency (CBDC) to finance  program.

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