Business Desk 
Mar 21, 2025
An undated image of Bitcoin. — Pexels
In a bid to fix the country's malformed economic posture, Pakistan is reportedly considering legalising cryptocurrency trading to attract foreign investment.
Citing a Bloomberg report, The News reported that the country also has a legal framework on cards to regulate digital assets.
“Pakistan is done sitting on the sidelines,” said Saqib. “We want to attract international investment because Pakistan is a low-cost high-growth market with 60% of the population under 30. We have a Web3 native workforce ready to build.”
In an interview with the publication, Pakistan Crypto Council CEO Bilal bin Saqib noted that the framework will be used for governing digital-asset activities.
The development comes on the heels of a notable spike in the acceptance of crypto trading in the South Asian nation over the past few years.
Digital assets' trading witnessed skyrocketing popularity even in the face of risk warnings conveyed by the State Bank of Pakistan (SBP).
It's worth noting that Pakistan ranks ninth globally by crypto adoption, according to Chainalysis. According to Saqib, the crypto user base in the country is approximately 15-20 million in strength.
