Crypto in Pakistan: A New Era of Regulation
Pakistan is making significant strides in cryptocurrency regulation as Finance Minister Muhammad Aurangzeb appoints Web3 investor Bilal bin Saqib as the chief advisor for the Pakistan Crypto Council.
This move marks a crucial step toward legitimizing digital currencies and fostering a secure, regulated environment for crypto trading. With a strong background in blockchain and digital finance, Saqib is expected to play a key role in shaping Pakistan’s crypto regulatory framework.
His appointment comes amid ongoing discussions about recognizing Central Bank Digital Currencies (CBDCs) as legal tender—highlighting a major shift in the country’s stance on digital assets. Saqib envisions a future where well-defined policies empower Pakistan’s youth, drive economic growth, and position the nation as a competitive player in the global crypto market.
