Key facts
- Pakistan's allocated budget for cryptocurrency regulation was utilized by only 8%.
- Minister Bilal Bin Saqib stated that the crypto regulatory regime spent only a fraction of its budget.
Pakistan's efforts to establish a regulatory framework for cryptocurrencies have seen minimal expenditure, with only 8% of the allocated budget being utilized, according to Minister Bilal Bin Saqib. The statement indicates a potential gap between the country's regulatory ambitions and its financial commitment to the sector.