At a high-level gathering in Islamabad, Pakistan’s digital future took center stage as Federal Minister for IT & Telecommunication Shaza Fatima Khawaja signaled strong government backing for cryptocurrency regulation and digital currency development.
Speaking at an event hosted around Fasset’s planned market entry, the minister made it clear that Pakistan is preparing for a structured move into the crypto space. While the broader announcement focused on fintech collaboration, the real policy signal came from the Ministry of IT and Telecommunication.
“We need to regulate cryptocurrency in Pakistan to grow as a country. All of us, CDF Asim Munir, the PM, and the finance minister, are on the same page to digitize the country. We want companies to come to Pakistan and explore crypto opportunities, crypto mining, etc. Pakistan has averted default, and now we are at a point where we are discussing digital currency opportunities.”
Shaza Fatima Khawaja’s remarks reflect a noticeable shift in tone from caution to opportunity. For years, Pakistan’s stance on cryptocurrency remained uncertain. However, the latest comments suggest alignment at the highest levels of leadership on digitization and blockchain adoption.
The minister linked digital currency regulation to broader economic reform. She emphasized that Pakistan’s young workforce and expanding digital economy require modern financial infrastructure. According to her, enabling secure digital payments and regulated crypto systems can strengthen financial inclusion and attract foreign capital.
Importantly, she framed crypto not just as a speculative asset class but as part of national economic modernization. By highlighting coordination between civil and military leadership, the statement underscored policy stability around digitization.
Moreover, her reference to Pakistan averting default places the crypto discussion within a recovery narrative. The government now appears focused on forward-looking reforms rather than crisis management.
If formal regulations follow, Pakistan could open doors for crypto exchanges, mining operations, and blockchain startups. That would also position the country as a regional player in digital finance. For now, the message from the Ministry of IT is clear. Digital currency is no longer a fringe topic. It is part of Pakistan’s broader digital transformation agenda.
