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Pakistan Appoints Bilal Bin Saqib for Blockchain Leadership

Solomon M. by Solomon M.
May 27, 2025
in Latest News
Key Takeaways:
  • Bilal Bin Saqib becomes Special Assistant to PM.
  • Focus includes Blockchain regulation and innovation.
  • Potential growth in Pakistan’s digital asset sector.
bilal-bin-saqib-appointed-as-special-assistant-to-the-pm-on-blockchain
Bilal Bin Saqib Appointed as Special Assistant to the PM on Blockchain

This development indicates Pakistan’s ambition to shape a comprehensive framework for blockchain and cryptocurrency under seasoned leadership, with possible industry-wide effects.

Strengthening Blockchain Ties

Bilateral ties between Pakistan’s government and blockchain innovators have strengthened with the appointment of Bilal Bin Saqib. Known as the CEO of the Pakistan Crypto Council, Saqib’s new role emphasizes FATF-compliant crypto regulation.

Shehbaz Sharif’s decision granting ministerial status to Saqib highlights a strategic push towards institutionalizing digital assets. This move comes as Pakistan allocates 2,000 MW for Bitcoin mining initiatives.

Boosting Confidence in Digital Assets

The announcement is likely to boost confidence in Pakistan’s digital asset sector. Observers anticipate changes in institutional and infrastructure investments aimed at fostering a blockchain-friendly environment.

The Ministry of Finance plans to establish a National Crypto Council. This aligns with the government’s broader aims for incorporating blockchain into governance, finance, and regulatory measures.

Future Prospects

Saqib’s appointment could mirror the effects seen in other nations integrating crypto regulations. Pakistan’s initiatives could lead to expanded digital asset ecosystems, with technological advancements and investor protection measures in focus.

The emphasis on a regulatory drive reflects broader trends in crypto adoption among emerging markets, suggesting a favorable environment for future innovations. Historical parallels with countries like El Salvador highlight potential outcomes in Pakistan’s cryptocurrency integration efforts.

“Honored to be appointed as Special Assistant to the Prime Minister on Blockchain and Crypto. Committed to developing a forward-looking regulatory framework that supports innovation while protecting citizens and investors.” — Bilal Bin Saqib, CEO, Pakistan Crypto Council
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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