Bilal Bin Saqib, Chief Advisor to Pakistan’s Finance Minister for the Pakistan Crypto Council, has emphasized the nation’s growing role in the global cryptocurrency space. Pakistan currently ranks in the top 10 countries for crypto adoption, highlighting its significance in the digital economy.
In a recent statement on X, Saqib outlined three main priorities:
- Establishing cryptocurrency as a strategic national asset
- Creating an effective regulatory framework
- Focusing on compliance and security measures
The announcement comes as the United States makes historic moves in cryptocurrency policy. President Donald Trump has signed an executive order creating a Strategic Bitcoin Reserve using confiscated crypto assets. David Sacks, the White House crypto czar, confirmed the reserve will utilize Bitcoin seized through legal proceedings.
Responding to the U.S. initiative, Saqib noted this development would:
- Validate Bitcoin as a legitimate store of value
- Drive institutional adoption worldwide
- Set foundations for digital financial transformation
- Motivate other governments to integrate crypto into their financial systems
Pakistan’s approach to cryptocurrency regulation will play a critical role in shaping its future economic position and digital finance landscape.
