The Future of Crypto in Pakistan: Bilal Bin Saqib’s Journey
Recent developments in Pakistan’s crypto landscape have sparked both curiosity and concern, particularly with the resignation of Bilal Bin Saqib from his position as Special Assistant to the Prime Minister on Blockchain and Crypto. While some rumors suggested the crypto ministry might be closing down, Saqib’s presence at the Binance Blockchain Week in Dubai highlights that the country’s commitment to crypto innovation remains strong.
Bilal Bin Saqib’s journey in this realm is notable. Appointed in May 2025, he played a pivotal role in shaping Pakistan’s national blockchain strategy and leading the establishment of the Pakistan Virtual Assets Regulatory Authority. However, bureaucratic regulations meant he had to step away from his role as SAPM (Special Assistant to the Prime Minister) while still being the chairman of the regulatory authority. This departure, while unexpected, doesn’t signal a halt in progress.
Crypto adoption in Pakistan is an exciting story. With over 50 million active crypto users and an annual trading volume surpassing $300 billion, the country ranks among the top five globally for crypto engagement. Given that a significant portion of Pakistan’s population—70%—is under 30, the future looks bright for digital finance, especially as young entrepreneurs embrace blockchain technology.
Bilal Bin Saqib isn’t just a political figure; he’s an innovator and social entrepreneur. Recognized for his humanitarian efforts during the COVID-19 pandemic, he led initiatives that provided over 100,000 meals to healthcare workers and vulnerable communities in the UK. His academic achievements, including a Master’s in Social Innovation from the London School of Economics, and various accolades, underscore his commitment to improving lives through technology and social ventures.
The establishment of the Pakistan Crypto Council signals a national commitment to advancing crypto policy and innovation. As this body continues its work, it’s clear that the groundwork is being laid for a flourishing digital economy, harnessing the entrepreneurial spirit of Pakistan’s youth.
As the crypto landscape evolves, staying informed and engaged is essential. Whether you’re a crypto enthusiast, an investor, or simply curious about the developments, connecting with initiatives like Pro21st can provide valuable resources and insights as this exciting journey unfolds.
The future of crypto in Pakistan is indeed bright, and the unfolding chapter promises to be filled with innovation and growth.
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