Pakistan will establish a committee to oversee the formulation of cryptocurrency policies

ChainCatcher news, according to CoinDesk, Pakistan will establish a national cryptocurrency committee responsible for legislating the industry. This decision was made after a meeting with President Donald Trump's digital asset advisors.

The committee will be a dedicated advisory body composed of government representatives, regulators, and industry experts. The committee will be responsible for formulating regulatory policies and collaborating with other countries to promote the establishment of standardized frameworks, the Pakistani Ministry of Finance stated.