Yigit Taha OZTURK 
Pakistan is drafting a regulatory framework for cryptocurrencies, aiming to become a leader in blockchain-powered finance and attract foreign investors. Pakistan Crypto Council CEO Bilal Bin Saqib stated, “We no longer want to sit on the sidelines. We need a business-friendly, clear regulatory framework.”
Pakistan’s Crypto Vision
According to Bilal Bin Saqib, Pakistan has a Web3-ready workforce, with 60% of its population under 30. “We aim to establish ourselves in global finance through blockchain and crypto technologies,” he said.
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Recently appointed as Pakistan’s crypto advisory head for the Finance Ministry, Saqib highlighted that Pakistan ranks ninth globally in crypto adoption, with nearly 20 million users, according to Chainalysis data.
Saqib referred to former U.S. President Donald Trump as “the biggest bullish catalyst in crypto history.” He emphasized Trump’s plan to build Bitcoin reserves, urging nations to prioritize crypto to stay competitive.
A Stronger Economy Through Blockchain
Saqib noted that blockchain technology presents massive opportunities for developing nations like Pakistan and Nigeria. By leveraging blockchain for remittances and trade, these countries can cut transfer fees (5-9%) and enhance cross-border payment systems with faster, low-cost solutions.
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