Islamabad, Mar 20, 2025: Pakistan is making notable strides in regulating cryptocurrency, aiming to establish a structured legal framework that encourages international investment.
Bilal bin Saqib, CEO of the Pakistan Crypto Council, recently shared insights on Bloomberg TV about the country’s commitment to developing clear regulations for digital assets.
According to him, a well-defined legal structure will help strengthen Pakistan’s crypto ecosystem and create new economic opportunities.
This statement aligns with the government’s recent move to set up a national crypto council under the leadership of Prime Minister Shehbaz Sharif.
The initiative is focused on integrating blockchain technology into the financial sector and positioning Pakistan as a competitive player in the digital economy.
“Pakistan is no longer watching from the sidelines.
Our market offers high growth potential at a low cost, with 60% of the population under 30. We also have a skilled Web3 workforce ready to innovate,” Saqib emphasized.
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He also pointed out the increasing global focus on cryptocurrency, citing recent developments in the U.S. “With leaders like Trump prioritizing crypto as part of national policy, other countries, including Pakistan, must take proactive steps to stay competitive,” he added.
If Pakistan successfully legalizes cryptocurrency, it will make history as the first South Asian nation to do so. This move would set it apart from neighboring India, which remains cautious about crypto regulations.
While Bhutan has ventured into Bitcoin mining, it has yet to formally recognize digital currencies as legal tender.
By taking decisive action in the crypto space, Pakistan aims to position itself as a regional leader in blockchain adoption, fostering innovation and attracting global investors looking for new opportunities.
