Business Desk 
Dec 03, 2025
An undated image of Minister of State for Crypto and Blockchain Bilal bin Saqib. — Bilal bin Saqib MBE
Bilal Bin Saqib has resigned as Special Assistant to the Prime Minister (SAPM) on Blockchain and Crypto after a regulatory conflict prevented him from holding the post while serving as Chairman of the Pakistan Virtual Asset Regulatory Authority (PVARA), officials confirmed on Tuesday.
The resignation of Saqib is in line with the Rules of Business 1973, which prohibit SAPMs from heading statutory regulatory authorities simultaneously.
Government sources also denied the rumours on WhatsApp going around about the crypto ministry being dissolved.
They said that crypto-related projects in Pakistan continue to be afoot. Saqib is expected to speak at the Binance Blockchain Week in Dubai on Wednesday.
Appointed SAPM in May 2025 with the status of Minister of State, Saqib played a crucial role in drafting Pakistan's national blockchain strategy and the creation of PVARA.
The Pakistan Crypto Council, which was formed earlier this year, continues to drive policy, youth engagement, and international outreach in the crypto and blockchain sector.
With more than 50 million crypto users and over $300 billion in annual trading volume, the country consistently sits among the top five most active crypto markets in the world.
With 70% of its population under the age of 30 and the third-biggest market for freelancers in the world, Pakistan is expected to be one of the most promising hotbeds for digital finance and blockchain innovation.
