Crypto in Pakistan.
Pakistan Takes Strides in Crypto Regulation
Pakistan’s cryptocurrency landscape is undergoing a transformation as Finance Minister Muhammad Aurangzeb appoints Web3 investor Bilal bin Saqib as the chief advisor for the Pakistan Crypto Council.
This move represents a significant effort to legitimize digital currencies and create a secure, regulated environment for digital asset trading.
With extensive expertise in blockchain technology and digital finance, Saqib is set to play a crucial role in developing the country’s crypto regulatory framework. This appointment comes amid recent discussions to recognize Central Bank Digital Currencies (CBDCs) as legal tender, signaling a notable shift in Pakistan’s approach to digital assets.
Saqib envisions a future where well-crafted policies can empower the nation’s youth, stimulate economic growth, and establish Pakistan as a key player in the global cryptocurrency arena.
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