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

Published May 24, 2025
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

Lebanon truce
Updated 25 Apr, 2026

Lebanon truce

THE fact that the truce between Israel and Lebanon has been extended for three weeks should be welcomed. But there...
Terrorism again
25 Apr, 2026

Terrorism again

THE elimination of 22 terrorists in an intelligence-based operation in Khyber highlights both the scale and ...
Taxing technology
25 Apr, 2026

Taxing technology

THE recent decision by the FBR’s Directorate General of Customs Valuation to increase the ‘assessed value’ of...
Pahalgam aftermath
24 Apr, 2026

Pahalgam aftermath

A YEAR after at least 26 people were killed in a terrorist attack in occupied Kashmir’s Pahalgam area, ties ...
Real estate power
24 Apr, 2026

Real estate power

THE latest round of land valuation revisions by the FBR for tax purposes signifies a familiar pattern that ...
Ad astra
Updated 24 Apr, 2026

Ad astra

AMONG the many developments this month that Pakistanis can take pride in is the news that one of their own will soon...