Pakistan is preparing to legalize cryptocurrency as part of a strategy to attract international investment and strengthen its digital economy. Bilal Bin Saqib, chief advisor to the finance minister and CEO of the newly formed Pakistan Crypto Council, stated that the country is working on a clear regulatory framework to foster the growth of its digital asset ecosystem.

With a young, Web3-ready workforce and a low-cost, high-growth market, Pakistan aims to move beyond passive observation and become an active player in the crypto space. The National Crypto Council, launched on February 25 by the finance ministry, will oversee regulations, address challenges, and collaborate globally to integrate digital assets securely. Saqib also pointed to global trends, including former US President Donald Trump’s pro-crypto stance, as a signal that Pakistan must prioritize digital assets.