Business Desk 
Mar 06, 2025
The federal government of Pakistan has appointed British-Pakistani entrepreneur Bilal Bin Saqib as the chief adviser to the finance minister on the proposed Pakistan Crypto Council
The finance ministry announced Saqib's appointment on Wednesday, stating it shows Pakistan's commitment to using blockchain technology and cryptocurrency for the development of its economy. His role will involve formulating policies for digital assets, providing security, and aiding the country's digitalisation.
British-Pakistani appointed as crypto advisor of Crypto Council
This move comes after a recent visit by a US delegation associated with former President Donald Trump's advisers on digital assets.
The delegation had a meeting with Finance Minister Muhammad Aurangzeb last week to talk about crypto adoption as well as possible investments in Pakistan. Business partner Gentry Beach of Trump promised Prime Minister Shehbaz Sharif investments of $1 billion last month.
Saqib will also counsel on the incorporation of artificial intelligence (AI) in government operations to maximise efficiency and innovation. The finance minister said the appointment was welcomed, noting that Saqib's experience would assist Pakistan in creating a robust regulatory system for cryptocurrency and blockchain technology.
“Crypto and blockchain have great potential for Pakistan, especially for our youth,” Saqib said: “With the right strategy, we can empower young people, drive economic growth, and position Pakistan as a leader in this space.”
The National Crypto Council proposed will be an advisory forum composed of government officials, regulators, and industry representatives. It will come up with policies, deal with challenges, and ensure the safe development of Pakistan's crypto market. The council will also work with other nations to devise global standards for digital assets.
