With the rank of Minister of State, the Prime Minister has designated Bilal Bin Saqib as the Special Assistant to the Prime Minister (SAPM) on Blockchain and Crypto.
With this decision, Pakistan joins a select group of seven or eight countries that are committed to leading the cryptocurrency and blockchain space, including the United States, El Salvador, and the United Arab Emirates.
Additionally, Bilal Bin Saqib is the chief advisor of Finance Minister and the CEO of the Pakistan Crypto Council (PCC).
Bilal has led strategic partnerships and established vital links between Pakistan and international technology stakeholders in his role as CEO of the Pakistan Crypto Council.
He oversaw the Council’s historic agreement with World Liberty Financial (WLF), a decentralized financial platform supported by US President Donald Trump, to promote stablecoin adoption and blockchain innovation in Pakistan.
Additionally, he invited Binance founder Changpeng Zhao (CZ) and named him the PCC’s Strategic Advisor to help build the country’s crypto education initiatives, infrastructural growth, and regulatory framework.
He earned a spot in Forbes 30 Under 30 through his work in social impact. He did master’s in social Innovation and Entrepreneurship from the London School of Economics (LSE). King Charles III has also bestowed upon Bilal the esteemed title of MBE (Member of the Order of the British Empire).
As Special Assistant to the Prime Minister (SAPM), Bilal will take responsibility for:
- Creating a thorough regulatory framework for digital assets that complies with FATF
- Starting projects to mine Bitcoin
- Directing the incorporation of blockchain technology into land records, finance, and government
- Supporting investor protection and the expansion of the Web3 ecosystem in Pakistan, as well as facilitating the licensing and supervision of virtual asset service providers (VASPs).
Through this appointment we can see Pakistan’s dedication to following international trends. Similar to how the US has incorporated influential figures like David Sacks, who was named White House AI and Crypto Czar by Donald Trump, into its framework for digital policy.
Pakistan is adopting a progressive stance by giving a young leader the authority to guide the country’s strategy in developing technologies.
This resolution makes it quite obvious that Pakistan is prepared to face the future and that it will be guided by its youth.
The country boasts the fourth largest freelancing market globally and produces almost 40,000 IT graduates annually.
Given its youthful population—more than 60% of its residents are under 30—and its quick adoption of new technology.
Pakistan is well-positioned to benefit greatly from blockchain and cryptocurrency developments over the next ten years. In these areas, developing strategic policies is not only a chance but also a must for the country.
According to Bilal Bin Saqib:
“Pakistan’s unique demographic and digital landscape offers an unprecedented opportunity to leapfrog into the future of technology, where blockchain and crypto will drive economic growth, innovation, and global competitiveness.”