Pakistan plans to become a blockchain finance leader by regulating cryptocurrencies
On March 20th, Bilal Bin Saqib, CEO of the Pakistan Cryptocurrency Committee, stated that Pakistan plans to regulate cryptocurrency to become a leader in blockchain finance and attract international investment. Pakistan is planning to establish a legal framework for cryptocurrency to attract international investors to this Central Asian country. "Pakistan is no longer standing idly by; we want regulatory clarity; we need a legal framework that supports business." Earlier this month, Saqib was appointed as the chief advisor on cryptocurrency management for the Pakistan Ministry of Finance. Blockchain analysis company Chainalysis ranked Pakistan as the ninth in cryptocurrency adoption rate last year, and Saqib claims that Pakistan has up to 20 million cryptocurrency users.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget to Adjust CFD Leverage During Special Trading Periods in the First Week of September 2026
New spot margin trading pair — DGAI/USDT!
CandyBomb x TMX: Trade to share 1,150,000 TMX
[Initial listing] Bitget to list TermMax (TMX) in the DeFi zone
