
Pakistan Appoints World Liberty Financial Advisor to Key Government Role on Crypto
Pakistan Appoints Blockchain and Crypto Advisor, Seeks to Attract Foreign Investment
In a strategic push to establish itself as a crypto-friendly economy, Pakistan's government has named Bilal Bin Saqib as Special Assistant to the Prime Minister on Blockchain and Cryptocurrency. The London School of Economics graduate and MBE recipient will spearhead the nation's digital asset initiatives.
Driving Crypto Adoption Forward
Bin Saqib, who also serves as Chief Advisor to the Finance Minister and CEO of the Pakistan Crypto Council, will lead efforts to develop cryptocurrency regulations, infrastructure, education programs, and adoption strategies. His appointment signals Pakistan's serious commitment to becoming a regional blockchain hub.
Attracting Global Crypto Players
The government is actively courting international crypto leaders, with Binance co-founder Changpeng "CZ" Zhao agreeing to advise the newly formed Crypto Council. In a bold infrastructure move, Pakistan plans to dedicate 2,000 megawatts of surplus electricity to support bitcoin mining operations and AI data centers.
Investment Challenges and Opportunities
This crypto push comes amid declining foreign direct investment, prompting Pakistan to engage U.S. lobbyists and seek Washington-based investment opportunities. The country has also established connections with World Liberty Financial, a Trump-linked crypto initiative, though Zhao denies involvement in facilitating these ties.
As Pakistan positions itself in the global digital asset landscape, industry observers will monitor how effectively the nation balances innovation with economic stability and regulatory clarity.