Crypto-Coin-King
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Pakistan Establishes Crypto Council to Revolutionize Digital Finance and Remittances
In a significant move for cryptocurrency adoption, the Pakistan Crypto Council was officially established on March 14, 2025, to promote blockchain technology and streamline digital financial transactions. This initiative aims to provide a faster, cost-effective alternative for foreign residents to transfer money to Pakistan, bypassing traditional banking systems. Additionally, it will help the government combat money laundering while ensuring the legal inflow of U.S. dollars from overseas Pakistanis.
Leadership & Vision
Federal Finance Minister Muhammad Aurangzeb has been appointed as the head of the council, with Bilal Bin Saqib, a Forbes 30 Under 30 honoree and blockchain expert, serving as the CEO. The board includes key figures such as the Governor of the State Bank of Pakistan and the Chairman of the Securities and Exchange Commission of Pakistan (SECP), along with other high-ranking officials.
Speaking about the initiative, Finance Minister Muhammad Aurangzeb stated that the government is committed to building a robust crypto ecosystem and aims to position Pakistan as a global leader in digital finance. He emphasized that a strong legal framework is being developed to ensure financial security and consumer protection, opening new avenues for technological and economic growth.
Regulation & Economic Impact
Bilal Bin Saqib highlighted that the Pakistan Crypto Council will work towards balancing innovation and security by establishing clear regulatory policies for cryptocurrency and blockchain. The council’s primary goal is to integrate Pakistan into the global digital economy by developing a structured regulatory environment, encouraging investments, and strengthening capital markets.
This initiative is expected to boost financial inclusion, attract foreign investment, and enhance transparency in financial transactions. By embracing emerging technologies, Pakistan aims to foster a secure and efficient digital financial system, ultimately driving economic growth and innovation. #MasterTheMarket
Leadership & Vision
Federal Finance Minister Muhammad Aurangzeb has been appointed as the head of the council, with Bilal Bin Saqib, a Forbes 30 Under 30 honoree and blockchain expert, serving as the CEO. The board includes key figures such as the Governor of the State Bank of Pakistan and the Chairman of the Securities and Exchange Commission of Pakistan (SECP), along with other high-ranking officials.
Speaking about the initiative, Finance Minister Muhammad Aurangzeb stated that the government is committed to building a robust crypto ecosystem and aims to position Pakistan as a global leader in digital finance. He emphasized that a strong legal framework is being developed to ensure financial security and consumer protection, opening new avenues for technological and economic growth.
Regulation & Economic Impact
Bilal Bin Saqib highlighted that the Pakistan Crypto Council will work towards balancing innovation and security by establishing clear regulatory policies for cryptocurrency and blockchain. The council’s primary goal is to integrate Pakistan into the global digital economy by developing a structured regulatory environment, encouraging investments, and strengthening capital markets.
This initiative is expected to boost financial inclusion, attract foreign investment, and enhance transparency in financial transactions. By embracing emerging technologies, Pakistan aims to foster a secure and efficient digital financial system, ultimately driving economic growth and innovation. #MasterTheMarket
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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