Pakistan is making a bold move into the world of digital assets. Prime Minister Anwaar-ul-Haq Kakar’s administration has appointed Bilal Bin Saqib as the country’s new Special Assistant for Blockchain and Cryptocurrency, signaling a clear intent to actively shape its crypto policy — much like the United States has done.
📌 Who Is Bilal Bin Saqib?
An alumnus of the London School of Economics, Bin Saqib is the founder of the Pakistan Crypto Council and an advisor to the Minister of Finance. He was awarded the Member of the Order of the British Empire (MBE) by King Charles III for his contributions to social impact, and was previously named to the Forbes 30 Under 30 list.
He also serves as an advisor to World Liberty Financial (WLF) — a U.S.-based crypto project that has stirred controversy due to its alleged ties to Donald Trump.
⚡ 2,000 Megawatts Allocated to Bitcoin Mining and AI
The government has simultaneously unveiled an ambitious plan to allocate 2,000 megawatts of surplus electricity to Bitcoin mining and AI data centers. The initiative aims to support digital infrastructure, create high-tech jobs, and attract foreign investment.
This program is being spearheaded by the Pakistan Crypto Council, which also recently welcomed Changpeng Zhao, former Binance CEO, as an advisor following his four-month U.S. prison term for violating anti-money laundering regulations.
💼 Deepening Ties With World Liberty Financial
In recent months, Pakistan has deepened its cooperation with the American crypto venture World Liberty Financial (WLF). After WLF co-founder Zach Witkoff visited Islamabad, he and his team signed a memorandum of understanding with the government — opening the door for WLF’s stablecoin to be used in trade and remittances within Pakistan.
Bin Saqib officially joined WLF as an advisor in April, shortly after that visit. Meanwhile, The Wall Street Journal reported that Zhao allegedly “helped organize some of WLF’s overseas events.” Zhao has denied the claims, calling the report “just another media hit.”
🌍 Geopolitical Backdrop and Strategic Shift
Pakistan’s crypto-friendly pivot comes amid a sharp decline in foreign direct investment — down 45% year-over-year in February. In January, the country hired a U.S. lobbyist to arrange meetings in Washington and push for more American investment. Shortly thereafter, the government began engaging more closely with WLF.
#WorldLibertyFinancial , #Pakistan , #WLFI , #CryptoNewss , #blockchain
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