He says that with a population made up of 70 percent young people, Pakistan does not rely solely on a traditional economy.
Minister of State for Crypto, Blockchain and CEO of Pakistan Crypto Council, Bilal Bin Saqib. Photo:X
ISLAMABAD:
Pakistan has become a focal point of global attention due to significant progress in crypto regulation, said Bilal bin Saqib, chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), during a special interview at the Abu Dhabi Bitcoin Conference 2025.
Outlining Pakistan’s vision for cryptocurrencies and digital assets, Saqib said Pakistan views Bitcoin and digital assets not only as investment tools but also as a fundamental pillar of the future financial system.
He noted that with a population of 240 million, 70% of whom are young people, Pakistan is no longer relying solely on a traditional economy and is rapidly moving towards a modern digital economy.
He said Pakistan’s goal is to transform young people from mere consumers into digital creators and architects of the new economy. To achieve this, comprehensive reforms are underway to convert the unregulated crypto market into a transparent, secure and investor-friendly system aligned with global standards.
According to the PVARA Chairman, Pakistan has developed a three-pillar regulatory framework for crypto and digital assets, based on clarity, progressive implementation and effective monitoring through cutting-edge technology.
