PakistanCryptoFuture

As Pakistan moves toward formalizing its stance on cryptocurrency, the government has appointed Bilal bin Saqib as the Chief Advisor to the Finance Minister for the Pakistan Crypto Council.
The move comes as Pakistan seeks to reaffirm its commitment to embracing technological advancement while ensuring sound policy measures that support the national economy, digital transformation, and a secure, transparent financial system for all, read a statement released by the Finance Division on Wednesday.
As per the statement, Saqib, recognized by Forbes, is a Web3 investor, strategic advisor, and thought leader in the blockchain space is also the recipient of the 1632nd Points of Light Award, awarded by the British Prime Minister to recognize change-makers in the country.
As the Chief Advisor to the Finance Minister of the Pakistan Crypto Council, Saqib “will lend his great knowledge and experience to Pakistan’s efforts to integrate cryptocurrency and blockchain technologies into its financial ecosystem while ensuring the development of a robust regulatory framework for digital assets in alignment with global best practices”.
“Additionally, he will advise the finance ministry on exploring the use of artificial intelligence (AI) to enhance government efficiency, optimize decision-making processes, and drive innovation in public sector operations.”
The Finance Division said that Saqib’s appointment marks a significant step forward in Pakistan’s commitment to embracing the transformative potential of digital currencies, ensuring financial security, mitigating risks, and effectively assessing the impact of cryptocurrencies on Pakistan’s economy.
Finance Minister Muhammad Aurangzeb welcomed the appointment of Saqib.
Saqib’s appointment underscores our commitment to embracing emerging technologies while ensuring a secure and transparent financial system. We are confident that his leadership will guide the development of a sound and effective regulatory framework, fostering innovation and sustainable growth in Pakistan’s crypto sector,” he said in a statement.
Commenting on his appointment, Saqib stated, “Cryptocurrency and blockchain technology hold immense potential for Pakistan, particularly for the youth, who are the driving force behind our nation’s digital future. With the right strategies and regulatory framework, we can empower our country’s youth, foster economic growth, and establish Pakistan as a leader in the space.”
The finance ministry was of the view that Saqib’s appointment is a critical achievement in Pakistan’s efforts to become a regional leader in the cryptocurrency space and ensure that the country is prepared to handle the regulatory, economic, and security challenges posed by this emerging sector.
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Pakistan Appoints Bilal Bin Saqib as Crypto Advisor for National Crypto Council
Pakistan is taking a historic step toward integrating cryptocurrency into its financial system with the appointment of Bilal Bin Saqib as the Chief Advisor to the Finance Minister for the Pakistan Crypto Council. This move signals a seismic shift in the country’s stance on digital assets, transitioning from cautious skepticism to proactive regulation and innovation.
Bilal Bin Saqib & CZ
A Game-Changer for Pakistan’s Crypto Landscape
For years, Pakistan has been wary of cryptocurrencies due to financial security risks, regulatory challenges, and concerns over illicit transactions. However, the rapid adoption of digital assets—with over 20 million active users in the country—has propelled the government to rethink its position. The formation of the Pakistan Crypto Council (PCC) and Saqib’s appointment represent a pivotal turning point in embracing blockchain technology and decentralized finance (DeFi).
Meet Bilal Bin Saqib: The Visionary Leader
A Forbes 30 Under 30 honoree, Bilal Bin Saqib is a dynamic entrepreneur, blockchain investor, and social impact leader. His contributions extend far beyond the crypto space, earning him an MBE (Member of the British Empire) from King Charles III for his One Million Meals initiative, which provided over 100,000 meals to NHS workers and vulnerable communities during the COVID-19 pandemic.
His academic credentials include a Master’s in Social Innovation and Entrepreneurship from the London School of Economics (LSE), and he has received the prestigious 1632nd Points of Light Award from the British Prime Minister. Additionally, he co-founded Tayaba, a social enterprise tackling Pakistan’s water crisis through the H2O Wheel, a groundbreaking solution designed to ease water transportation in rural communities.
With expertise in Web3 investments, decentralized applications (dApps), and AI-driven governance, Saqib is well-positioned to shape Pakistan’s crypto future and drive economic digitization.
The Pakistan Crypto Council: A New Era of Financial Innovation
The Pakistan Crypto Council (PCC) is envisioned as a strategic advisory body dedicated to:
Establishing a comprehensive legal framework for cryptocurrency adoption and regulation.
Ensuring compliance with international anti-money laundering (AML) and counter-terrorism financing (CFT) standards.
Enhancing the security, transparency, and efficiency of digital asset transactions.
Reducing remittance costs for overseas Pakistanis through blockchain-powered financial solutions.
Promoting financial literacy and inclusion by integrating blockchain into government and banking systems.
Saqib’s leadership will focus on bridging regulatory gaps, fostering investor confidence, and positioning Pakistan as a global leader in crypto innovation.
What’s Next? Pakistan’s Roadmap for Digital Asset Regulation
With Pakistan officially embracing digital finance, several key developments are expected:
Legislative Reforms: Crafting new laws to safeguard investors, prevent fraud, and regulate crypto exchanges.
Public-Private Partnerships: Collaborating with top-tier crypto firms, DeFi platforms, and fintech startups to accelerate blockchain adoption.
Integration of AI in Governance: Utilizing AI-powered analytics for smarter decision-making and risk assessment in the financial sector.
Institutional Involvement: Encouraging banks and financial institutions to explore tokenization of real-world assets (RWAs) and blockchain-driven services.
Empowering the Youth: Launching initiatives to train young developers and entrepreneurs in blockchain, NFTs, and smart contract development.
Aligning with Global Crypto Trends
Pakistan’s shift toward digital asset regulation mirrors global trends. Countries like El Salvador, UAE, Singapore, and the European Union have already embraced crypto-friendly policies to drive financial innovation. By establishing a dedicated crypto advisory council, Pakistan is not only ensuring compliance with global best practices but also unlocking tremendous economic potential.
Pakistan’s Digital Renaissance
The appointment of Bilal Bin Saqib as the Chief Advisor for Crypto Affairs is a watershed moment in Pakistan’s financial evolution. His visionary leadership, combined with regulatory clarity, could catapult Pakistan into the league of crypto-friendly nations poised for exponential growth in blockchain and Web3 innovations.
With the right policies, Pakistan has the potential to become a major player in the digital asset economy, attracting global investment, fostering fintech development, and driving a new era of financial inclusion and prosperity.
The stage is set.
The future is digital.
Pakistan is ready to lead.
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