Prime Minister Shehbaz Sharif has appointed Bilal Bin Saqib, head of the Pakistan Crypto Council, as Special Assistant on Blockchain and Cryptocurrency with the rank of minister of state. Saqib will spearhead initiatives to draft FATF-aligned crypto regulations, advance $BTC mining, and incorporate blockchain into areas like governance, finance, and land registration. His responsibilities also include overseeing the licensing of virtual asset service providers, ensuring investor safeguards, and accelerating the growth of Web3 technologies. With a user base of over 40 million and a skilled tech workforce, Pakistan aims to position itself as a global hub for digital innovation. Saqib views this role as a key opportunity to drive economic progress through cutting-edge technologies.
