- SAQIB also serves as PCC’s CEO, the Minister of Finance Minister’s main advisor.
- He will be responsible for launching Bitcoin mining initiatives.
- Saqib will also facilitate license, supervision of virtual asset service providers.
Prime Minister Shehbaz Sharif has appointed Bilal Bin Saqib as the special assistant to PM (SAPM) on Blockchain and Krypto with the status of prime minister.
This groundbreaking decision position Pakistan among an elite group of 7-9 nations, including the United States, El Salvador and UAE, with dedicated leadership to cryptocurrency and blockchain signalizing a bold obligation to lead the global digital economy.
Saqib also serves as CEO of Pakistan Crypto Council (PCC) and chief adviser to the Minister of Finance.
As CEO of Pakistan Crypto Council, Bilal has spearned for strategic collaborations and built critical bridges between Pakistan and global technology stakeholders.
Under his leadership, the Council signed a landmark partnership with World Liberty Financial (WLF) – a decentralized financing platform supported by US President Donald Trump – to help operate blockchain -innovation and stablecoin shoot in Pakistan.
He also invited Changpen Zhao (CZ), founder of Binance, and appointed him strategic adviser to PCC to help shape regulatory development, infrastructure expansion and crypto training programs in Pakistan.
A candidate from the London School of Economics (LSE) with a master’s degree in social innovation and entrepreneurship he has been shown in Forbes Asia 30 under 30 for his work in social impact.
Saqib has also been honored with the prestigious MBE (Member of the Order of the British Empire) of King Charles III.
As SAPM is Bilal Responsible for:
● Development of a comprehensive, FATF-compatible regulatory framework for digital assets
● Launch of Bitcoin -mining Initiatives
● Supervision of Blockchain -Integration in Government, Finance and Earth Registers
● Facilitating License and Supervision of Virtual Asset Service Providers (VASPS)
● Mastering Investor Protection and Web3 -Cosystem Growth in Pakistan
This appointment reflects Pakistan’s obligation to adapt to global trends. Just as the United States has brought leaders such as David Sacks-appointed by Trump as the White House AI and Crypto Czar-Indm in his digital political frameworks, Pakistan is taking a forward-thinking approach by giving a youth leader to help control the national strategy of new technologies.
Pakistan is on a critical digital intersection. The country consistently ranks in the Top 10 globally for crypto recording, according to the 2023 Chainalysis Global Crypto Adoption Index, with approx. 40 million Crypto users and an annual crypto trading volume exceeding $ 300 billion. The nation produces about 40,000 IT candidates annually and boasts the 4th largest freelancer market worldwide.
This rapid recording of new technologies combined with a youthful population, with over 60% of citizens being under 30, positioning Pakistan to be one of the largest recipients of blockchain and crypto progress in the coming decade.
Strategic decision -making in these areas is not only an option but a national imperative.
According to Saqib: “Pakistan’s unique demographic and digital landscape provides an unprecedented opportunity to jump into the future of technology – where blockchain and crypto will create economic growth, innovation and global competitiveness.”
