Finance Minister Muhammad Aurangzeb has appointed Web3 investor Bilal bin Saqib as the chief advisor for the Pakistan Crypto Council, marking a significant step toward legitimizing cryptocurrencies and promoting secure, compliant digital asset trading.
With a strong background in blockchain and digital finance, Saqib will play a pivotal role in shaping Pakistan’s crypto regulations. His appointment follows recent proposals to recognize central bank digital currencies (CBDCs) as legal tender, reflecting a shift in the country’s approach to digital currencies.
Saqib believes that with the right strategies, Pakistan can harness its youth’s potential, drive economic growth, and position itself as a leader in the global crypto industry.