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

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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

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