Pakistan Advances in Crypto Regulation
Pakistan’s crypto landscape is evolving as Finance Minister Muhammad Aurangzeb appoints Web3 investor Bilal bin Saqib as the chief advisor for the Pakistan Crypto Council. This significant step aims to legitimize cryptocurrencies and establish a secure, compliant digital asset trading environment.
With expertise in blockchain and digital finance, Saqib will play a pivotal role in shaping the country’s crypto regulations. This development follows recent proposals to recognize Central Bank Digital Currencies (CBDCs) as legal tender, marking a shift in Pakistan’s stance on digital assets.
Saqib envisions a future where strategic policies can empower the nation’s youth, drive economic growth, and position Pakistan as a leader in the global crypto space.