Pakistan has become one of the first three countries in the world to officially adopt cryptocurrency, according to Bilal Bin Saqib, Special Assistant to the Prime Minister on Blockchain and Crypto. He highlighted that the move reflects the government’s commitment to embracing digital finance and modern technology.
Bilal Bin Saqib said that nearly 30 to 40 million Pakistanis are already involved in cryptocurrency activities. This growing participation has made proper regulation essential to ensure safe and transparent transactions. He emphasized that a clear and structured framework is now in place, which aligns Pakistan with international standards for digital assets.
The framework introduced by the government focuses on transparency, security, and compliance. It will help protect investors while promoting innovation in the blockchain and crypto sectors. Officials believe these steps will build trust in the system and encourage more people and businesses to participate.
Bilal Bin Saqib also pointed out that cryptocurrency and blockchain technology could play a major role in strengthening Pakistan’s economic independence. Digital assets can support industries, improve financial inclusion, and create opportunities for young entrepreneurs and tech professionals.
Experts say this approach could position Pakistan as a leader in the emerging global digital economy. By adopting clear rules and promoting safe use of crypto, the country aims to attract investment and foster innovation in finance and technology.
With millions already engaged in digital assets, Pakistan’s adoption of cryptocurrency is seen as a forward-looking step. It promises to boost economic growth, encourage innovation, and secure the country’s place in the rapidly evolving world of digital finance.
