{"id":2859,"date":"2025-05-26T16:32:39","date_gmt":"2025-05-26T11:32:39","guid":{"rendered":"https:\/\/bestpakmag.com\/?p=2859"},"modified":"2025-05-26T16:45:51","modified_gmt":"2025-05-26T11:45:51","slug":"bilal-bin-saqib-appointed-as-special-assistant-to-pm-on-blockchain-and-cryptocurrency","status":"publish","type":"post","link":"https:\/\/bestpakmag.com\/ur\/bilal-bin-saqib-appointed-as-special-assistant-to-pm-on-blockchain-and-cryptocurrency\/","title":{"rendered":"Bilal Bin Saqib Appointed as Special Assistant to PM on Blockchain and Cryptocurrency"},"content":{"rendered":"

Bilal Bin Saqib Appointed as Special Assistant to PM on Blockchain and Cryptocurrency<\/strong><\/h1>\n

In a significant move toward digital transformation, Prime Minister Shehbaz Sharif<\/strong> has appointed Bilal Bin Saqib<\/strong>, the CEO of the Pakistan Crypto Council, as the Special Assistant to the PM on Blockchain and Cryptocurrency<\/strong>. With this appointment, Bilal Bin Saqib will hold the status of a Minister of State<\/strong>, marking a major step in Pakistan\u2019s journey toward embracing future technologies.<\/p>\n

A Vision for Digital Innovation<\/strong><\/h3>\n

Bilal Bin Saqib will be responsible for formulating clear and internationally aligned cryptocurrency regulations<\/strong>, especially following the guidelines of the Financial Action Task Force (FATF)<\/strong>. His work will ensure that Pakistan\u2019s crypto landscape is secure, transparent, and attractive to both local and global investors.<\/p>\n

One of his top priorities is to promote legal and sustainable Bitcoin mining<\/strong> in Pakistan, while also integrating blockchain technology<\/strong> into crucial sectors like governance, finance, and land records<\/strong>\u2014areas that can benefit from greater transparency and efficiency.<\/p>\n

Boosting Web3 and Virtual Asset Licensing<\/strong><\/h3>\n

Another major responsibility for Saqib will be overseeing the licensing of Virtual Asset Service Providers (VASPs)<\/strong>. He will also work to safeguard investors<\/strong>, promote Web3 technologies<\/strong>, and help nurture Pakistan’s growing ecosystem of decentralized applications (dApps)<\/strong> and digital assets<\/strong>.<\/p>\n

Why This Matters for Pakistan<\/strong><\/h3>\n

With over 40 million crypto users<\/strong> and a large number of skilled IT professionals, Pakistan is uniquely positioned to become a regional leader in blockchain and crypto innovation<\/strong>. The government\u2019s decision reflects a clear commitment to building a strong digital economy<\/strong>, creating new employment opportunities, and positioning Pakistan as a tech-forward nation<\/strong>.<\/p>\n

Bilal Bin Saqib\u2019s Vision<\/strong><\/h3>\n

Calling this a “transformational opportunity,” Bilal Bin Saqib believes that by combining emerging technologies with forward-thinking policies<\/strong>, Pakistan can attract significant foreign investment<\/strong>, boost economic growth<\/strong>, and enhance transparency in public systems<\/strong>.<\/p>\n

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\u201cThis is a chance to reshape Pakistan\u2019s digital future. With the right regulations, blockchain can become a powerful tool for economic development and global trust,\u201d<\/strong> said Saqib.<\/p>\n<\/blockquote>\n

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Final Thoughts<\/strong><\/h3>\n

Pakistan\u2019s appointment of a Special Assistant focused solely on blockchain and crypto<\/strong> is a progressive leap forward<\/strong>. As global economies continue to evolve digitally, Pakistan is signaling that it too is ready to lead in innovation, technology, and regulation<\/strong>.<\/p>","protected":false},"excerpt":{"rendered":"

Bilal Bin Saqib Appointed as Special Assistant to PM on Blockchain and Cryptocurrency In a significant move toward digital transformation, Prime Minister Shehbaz Sharif has appointed Bilal Bin Saqib, the CEO of the Pakistan Crypto Council, as the Special Assistant to the PM on Blockchain and Cryptocurrency. With this appointment, Bilal Bin Saqib will hold […]<\/p>\n","protected":false},"author":2,"featured_media":2862,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[14],"tags":[331,332,333,335,336,334],"class_list":["post-2859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pak","tag-bilalbinsaqib","tag-blockchainpakistan","tag-cryptopakistan","tag-cryptoregulation","tag-pakistancryptocouncil","tag-pmappointment"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/posts\/2859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/comments?post=2859"}],"version-history":[{"count":1,"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/posts\/2859\/revisions"}],"predecessor-version":[{"id":2860,"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/posts\/2859\/revisions\/2860"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/media\/2862"}],"wp:attachment":[{"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/media?parent=2859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/categories?post=2859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bestpakmag.com\/ur\/wp-json\/wp\/v2\/tags?post=2859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}