Bilal Bin Saqib Joins PM’s Team
Prime Minister Shehbaz Sharif has Bilal Bin Saqib Appointed, who leads the Pakistan Crypto Council, to join his team as Special Assistant for Blockchain and Cryptocurrency. With the rank of Minister of State, Bilal will help guide Pakistan towards progress in digital finance and new technologies.
Plans for Crypto and Blockchain Growth
After taking on this important responsibility, Bilal Bin Saqib Appointed aims to create simple and safe rules for cryptocurrency that meet global standards, especially the ones set by the Financial Action Task Force (FATF). He will also encourage Bitcoin mining in Pakistan and help bring blockchain technology into everyday systems like government offices, financial services, and land record management.
His job will involve making sure virtual asset service providers are properly licensed and regulated.
Bilal Bin Saqib will also work to keep investors safe. At the same time, he’ll promote the growth of Web3 tools like decentralized apps and digital tokens that are reshaping the digital world.
With over 40 million people using cryptocurrencies and a large group of talented IT professionals, Pakistan has a strong foundation. This puts the country in a great position to become a leader in digital technology, both across Asia and worldwide.
Bilal Bin Saqib Appointed sees this appointment as a valuable chance to use new technology to help the economy grow. By mixing smart tech ideas with fair and clear regulations, he aims to bring in investors from across the globe and make government work more transparent.
Through this initiative, the government plans to strengthen Pakistan’s digital economy by supporting more tech-based businesses and services. This growth will open up many new job opportunities in different areas, allowing people to work in modern and innovative fields.
At the same time, Pakistan aims to be recognized worldwide as a country that embraces technology and innovation to create a better future for its people.
This is why Bilal Bin Saqib being appointed as PM’s Crypto & Blockchain Advisor is so important. It marks a major step toward advancing Pakistan’s digital landscape.
