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Minister of State for Crypto, Blockchain and CEO of the Pakistan Crypto Council Bilal Bin Saqib. Photo: X
ISLAMABAD:
Pakistan has emerged as a focal point of global attention due to significant progress in crypto regulation, said Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib during a special interview at the Abu Dhabi Bitcoin Conference 2025.
Outlining Pakistan’s vision for cryptocurrencies and digital assets, Saqib said Pakistan views Bitcoin and digital assets not merely as investment tools but as a fundamental pillar of the future financial system.
He noted that with a population of 240 million — 70 percent of whom are youth — Pakistan is no longer relying solely on a traditional economy and is rapidly transitioning toward a modern digital economy.
He said Pakistan’s goal is to transform young people from mere consumers into digital creators and architects of the new economy. To achieve this, comprehensive reforms are being introduced to convert the unregulated crypto market into a transparent, secure, and investor-friendly system aligned with global standards.
According to the PVARA chairman, Pakistan has developed a three-pillar regulatory framework for crypto and digital assets, based on clarity, phased implementation, and effective oversight through advanced technology.
