# Pakistan's sovereign crypto wallet company gets four independent directors

Source: Searchable (https://searchable.pk/news/crypto/pakistans-sovereign-crypto-wallet-company-gets-four-independent-directors)
Type: News article
Author: Searchable Editorial
Published: 26 Oct 2026
Updated: 26 Oct 2026
Retrieved: 27 Oct 2026

> The cabinet committee on state-owned enterprises also named new PSO board members, activated a Clean Environment Fund company and deferred a pharma export council.

The **Cabinet Committee on State-Owned Enterprises (CCoSOEs)** on Monday 26 October 2026 approved **four independent directors** for the board of the **Strategic Digital Wallet Company**, the state company set up to manage, safeguard and administer **Pakistan's sovereign virtual assets**, [Business Recorder reported](https://www.brecorder.com/news/40446007/ecc-approves-board-appointments-at-strategic-digital-wallet-company), citing an official press release. [ProPakistani](https://propakistani.pk/2026/10/26/govt-owned-crypto-company-starts-hiring/) also reported the decision.

The committee met at the Finance Division under Finance Minister **Muhammad Aurangzeb**. The summary for the wallet company came from the Finance Division. The names of the four directors were not given.

## Why the digital wallet company matters

A sovereign wallet company is the government's vehicle for holding crypto and other virtual assets it owns, with its own board and controls rather than sitting inside a ministry. A board is the step that lets it start work. Bitcoin was at about **$80,400** at today's reading; follow it on our [bitcoin price page](/data/btc-usd).

## Other decisions at the same meeting

| Decision | Detail |
|---|---|
| Pakistan State Oil board | A female independent director and one more independent member approved, as the board is rebuilt after its term expired |
| Clean Environment Fund Company | Activated under the Pakistan Environmental Protection Agency, with 2 ex-officio and 3 independent directors |
| Pakistan Pharma Export Promotion Council | Deferred; the Commerce Ministry was told to consult stakeholders and come back |

The pharma council was to be a not-for-profit (Section 42) company under the Trade Development Authority of Pakistan, part of a push to raise medicine exports.

For the rupee value of crypto holdings, use our [currency converter](/tools/finance/currency-converter) with the [ether price](/data/eth-usd) and [bitcoin price](/data/btc-usd) pages.

## Sources

- ECC approves board appointments at Strategic Digital Wallet Company (Business Recorder): https://www.brecorder.com/news/40446007/ecc-approves-board-appointments-at-strategic-digital-wallet-company
- Govt-Owned Crypto Company Starts Hiring (ProPakistani): https://propakistani.pk/2026/10/26/govt-owned-crypto-company-starts-hiring/

How to cite: "Pakistan's sovereign crypto wallet company gets four independent directors", Searchable, 26 Oct 2026, https://searchable.pk/news/crypto/pakistans-sovereign-crypto-wallet-company-gets-four-independent-directors