Bilal Bin Saqib Appointed Pakistan’s Chief Crypto Advisor
Islamabad: Taking a significant step towards cryptocurrency regulation and promoting blockchain technology, Pakistan has appointed Bilal bin Saqib as the chief advisor to the finance minister for the Pakistan Crypto Council.
According to the Finance Division, the appointment comes at a time when Pakistan is taking steps to promote the digital economy and make the financial system safe and transparent.
Bilal bin Saqib, a Forbes-recognized Web3 investor, blockchain thought leader and strategic advisor, has been awarded the 1632nd Points of Light Award by the British Prime Minister.
He was also awarded the MBE (Member of the British Empire) award for services to the UK’s National Health Services in 2023.
As a chief consultant, Bilal Bin Saqib will provide government guidance to effectively integrate cryptocurrency and blockchain technologies with the Pakistan financial system.
In addition, it will also advise the Ministry of Finance on the use of Artificial Intelligence (AI) to innovate government systems and improve decision -making processes.
Finance Minister Muhammad Aurangzeb welcomed the appointment of Bilal Bin Saqib, saying that this decision demonstrates Pakistan’s commitment to innovation and growth in the crypto sector.
According to him, the creation of a strong regulatory framework will help promote the country’s digital economy.
Speaking of his appointment, Bilal Bin Saqib said there are vast opportunities in cryptocurrency and blockchain in Pakistan,
especially for youth. If the right strategy is adopted, Pakistan can emerge as a leading digital economy globally.
The Government of Pakistan believes that this appointment will be an important step in facing the economic, legal and security challenges associated with cryptocurrency and will help make Pakistan a regional leader in this sector.
Who is Bilal bin Saqib, who has been appointed as the Chief Advisor to Pakistan’s Crypto Council?
Taking a major step towards adopting crypto and blockchain technology, the government of Pakistan has appointed Bilal bin Saqib as the Chief Advisor to the Crypto Council.
According to the report, Bilal bin Saqib, who has been appointed as the Advisor to the Minister of Finance and Revenue for the Pakistan Crypto Council, is among the Forbes 30 Under 30, he is a crypto expert and Web 3 investor.
According to the report, Bilal bin Saqib was awarded the “Points of Light Award” by the British Prime Minister,
MBE awardee Bilal bin Saqib will work with the government of Pakistan on crypto policy.
According to a statement issued by the Ministry of Finance, Pakistan is on the path to adopting a world-class policy to promote crypto and blockchain.
Finance Minister Senator Muhammad Aurangzeb welcomed the appointment of Bilal Bin Saqib, while Bilal Bin Saqib said that crypto and blockchain will create development opportunities for the youth.
According to the Ministry of Finance, Pakistan is working on creating an effective regulatory framework for crypto assets,
There will also be consultations on bringing innovation in government affairs through artificial intelligence, the crypto economy will provide employment and development opportunities to the youth.
