Pakistan's recent appointment of Bilal bin Saqib as Chief Advisor to the Finance Minister for the Pakistan Crypto Council marks a significant milestone in the country's journey towards embracing decentralized finance (DeFi) and cryptocurrency regulation. As a renowned Web3 investor, strategic advisor, and thought leader in the blockchain ecosystem, Saqib will play a pivotal role in shaping Pakistan's digital asset framework, ensuring compliance with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations, and fostering innovation in fintech, cryptocurrency trading, and non-fungible tokens (NFTs). With his expertise, Pakistan aims to establish itself as a hub for blockchain technology, cryptocurrency adoption, and digital entrepreneurship, while ensuring a secure, transparent, and regulated financial system for its citizens.
