#NewHorizon #pakistanicrypto $BTC $NEO $INJ
Pakistan is making strides to embrace cryptocurrency as a "strategic asset" to transform its digital financial landscape. Following plans to formalize digital asset regulations, the country announced a national crypto council aimed at fostering a secure investment environment. With Pakistan among the top 10 nations for crypto adoption, over 20 million users face challenges like high transaction fees. Bilal bin Saqib, a Forbes-recognized entrepreneur, has been appointed as the chief adviser to the finance minister for the Pakistan Crypto Council. He pledged to develop forward-looking crypto regulations, enhancing Pakistan's global position in this sector. Despite past bans on virtual currencies, this shift aligns with growing global trends, including the U.S.'s Bitcoin Strategic Reserve initiative.