Pakistan is making significant strides to create a legal framework for cryptocurrency, aiming to attract international investors.
Bilal Bin Saqib, CEO of the Pakistan Crypto Council, highlighted the country’s dedication to regulatory clarity and business-friendly policies in a March 20 interview with Bloomberg.
Saqib expressed Pakistan’s goal to lead in blockchain-driven finance, pointing out the potential of its youthful demographic, with 60% under 30, to build a Web3-native workforce.
Recently, Saqib was appointed chief adviser to Pakistan’s finance minister for cryptocurrency management. According to blockchain analytics firm Chainalysis, Pakistan ranks ninth globally for crypto adoption, with Saqib estimating up to 20 million crypto users in the country.
