Pakistan Aims to Be the Crypto Capital of South Asia, Says Crypto Council CEO
March 20, 2025, 4:12 AM GMT+0000
In a recent interview with Haslinda Amin on Bloomberg’s "Insight with Haslinda Amin," Bilal Bin Saqib, the CEO of the Pakistan Crypto Council, expressed his ambitious vision to position Pakistan as the leading hub for cryptocurrency and blockchain technology in South Asia. He aims for Pakistan to stand competitively alongside established financial centers such as Dubai, Singapore, and Hong Kong.
Ambitious Goals for Pakistan
During the discussion, Saqib outlined his aspirations for transforming Pakistan into a formidable player in the rapidly evolving blockchain sector. He emphasized the potential that Pakistan possesses due to its youthful population and growing interest in digital currencies. By fostering an environment that supports innovation and technological advancement, he believes the country can attract investment, talent, and entrepreneurs in the crypto space.
Competing on a Global Scale
Saqib’s vision is not just about national achievements; it extends to placing Pakistan within the global context of cryptocurrency leadership. The CEO pointed to how regions like Dubai and Singapore have successfully created ecosystems that nourish blockchain initiatives and investments. By replicating these models, Saqib hopes to ensure that Pakistan can compete effectively on an international scale.
Growth of Cryptocurrency in Pakistan
The conversation highlighted a rising trend of cryptocurrency adoption in Pakistan, driven in part by increasing access to technology and a growing base of tech-savvy individuals. As traditional financial systems evolve, the demand for alternative forms of currency and financial solutions continues to rise. The Pakistan Crypto Council under Saqib’s leadership seeks to facilitate this transition, aligning regulatory frameworks and public policy to better support the crypto industry.
Looking to the Future
With the Pakistani government gradually showing interest in cryptocurrency regulation and innovation, industry experts believe that the country is on the brink of a significant transformation in its financial landscape. Saqib’s proactive approach is aimed at ensuring that Pakistan not only keeps pace with its competitors but stands out as a beacon of crypto innovation in South Asia.
As the discussion wrapped up, Saqib’s optimistic outlook resonated, highlighting the potential of Pakistan to establish itself as a key player in the blockchain world, a goal that many in the industry will be watching closely.
For more insights and updates on this developing story, stay tuned to Bloomberg and tune into "Insight with Haslinda Amin."
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