The progress of cryptocurrency regulation in Pakistan has sparked some reflections. Some officials privately admitted that the government has indeed been moving a bit too quickly in pushing forward crypto-related decisions. Where is the problem? One is that the economic foundation itself is relatively fragile, and rapid changes in crypto policies could bring unpredictable shocks; another more realistic concern is that government departments have not yet formed a unified understanding of how to handle crypto issues, and attitudes across departments vary significantly.

Such internal disagreements are actually quite common—after all, cryptocurrencies involve multiple dimensions such as finance, law, and technology, and it’s not easy to straighten things out in a short period. Moreover, for countries with less stable economic conditions, aggressive policy adjustments carry greater risks. Professionals in legal and tax fields are also paying attention to what impact these policy changes might bring.