Pakistan

A tightening global macro environment coupled with increasing domestic political instability is a cause of concern for the sector, especially the domestic startup economy.

Pakistan sits at the crossroads of the abundant resources of Central Asia and the Middle East, and the lucrative markets of China and India. It therefore has the potential to play a significant connecting role, one that enables broader regional interdependency while boosting domestic economic prospects.

This paper is an initial attempt to frame debate about the Web3 ecosystem in Pakistan – which is a $100+ billion opportunity – and make recommendations on how policymakers should approach regulating this sector.