Pakistan emerging as key player in crypto economy: CEO Bilal Bin Saqib

Published
0
Bilal Bin Saqib, Chief Advisor to the Finance Minister for the Pakistan Crypto Council, poses during an interview with Reuters, in Islamabad on April 9, 2025. — Reuters/Ariba Shahid
Bilal Bin Saqib, Chief Advisor to the Finance Minister for the Pakistan Crypto Council, poses during an interview with Reuters, in Islamabad on April 9, 2025. — Reuters/Ariba Shahid

ISLAMABAD: Pakistan is establishing itself as a key player in the global cryptocurrency economy and setting trends rather than following them in the digital currency space, Pakistan Crypto Council’s (PCC) Chief Executive Officer Bilal Bin Saqib said on Friday.

Mr Saqib told a private news channel that the country is gaining recognition from international tech companies and investors for its growing potential in digital and crypto finance

“For the first time, we are not standing behind the world but we are establishing our own trend in the digital currency landscape,” CEO said. He added, “Global tech leaders and companies are now looking toward Pakistan to explore its crypto potential.”

Mr Saqib emphasised the enthusiasm of Pakistani youth for crypto adoption, suggesting the nation could spearhead digital finance in the region. “Pakistan has the potential to become a regional leader in digital finance, exporting innovation and becoming an epicentre for emerging markets,” he said.

Says country has the potential to become ‘regional leader in digital finance’

He also pointed to the creation of Pakistan’s Digital Assets Authority as a key step towards “strong and smart regulation.”

The objective, Mr Saqib explained, “is to ensure that global-level companies can now be built in Pakistan, not just in the U.S. or Europe.”

PCC chief stressed the importance of empowering Pakistani freelancers and tech followers to become entrepreneurs. “Pakistan is progressing in this space faster than neighbouring countries,” he said, asserting that “the world is recognising our place in the digital economy.”

Published in Dawn, May 24th, 2025

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...