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Crypto in Pakistan. 🇵🇰
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Pakistan is making significant progress in cryptocurrency regulation. Finance Minister Muhammad Aurangzeb has appointed Bilal bin Saqib, a Web3 investor, as the chief advisor for the Pakistan Crypto Council.
This move highlights a serious effort to legalize digital currencies and establish a safe, regulated environment for trading digital assets. With his deep knowledge of blockchain technology and digital finance, Saqib is expected to play a vital role in shaping the country’s crypto regulatory framework. This appointment follows recent talks about recognizing Central Bank Digital Currencies (CBDCs) as legal tender, marking a significant shift in Pakistan’s stance on digital assets.
Saqib aims to create a future where well-designed policies can empower the youth, boost economic growth, and position Pakistan as a major player in the global cryptocurrency market.