Pakistan Aims to Become the Crypto Capital of South Asia, Says Council CEO
March 20, 2025
In an ambitious declaration, Bilal Bin Saqib, the CEO of the Pakistan Crypto Council, expressed his vision for transforming Pakistan into the leading hub for cryptocurrency and blockchain technology in South Asia. During his appearance on Bloomberg’s “Insight with Haslinda Amin,” Saqib outlined his goals to position Pakistan alongside established financial centers like Dubai, Singapore, and Hong Kong.
Vision for Blockchain Leadership
During the interview, Saqib detailed his aspirations for Pakistan to become a competitive force in the cryptocurrency landscape of South Asia. He emphasized the importance of fostering a conducive regulatory environment, enhancing technological infrastructure, and driving innovation within the sector. Sabq envisions a future where Pakistan not only attracts foreign investment but also nurtures local talent in the predominantly digital economy.
Competing on a Global Stage
The competition with existing leaders in the blockchain space is formidable. Cities like Dubai and Singapore have built their reputations as progressive financial ecosystems, characterized by favorable regulations and advanced technology. Saqib’s vision for Pakistan is to create a similar atmosphere that encourages investment and research in blockchain technology while complying with international standards.
Roadmap Ahead
Saqib’s strategy includes collaborating with local stakeholders, investors, and government entities to develop policies that support growth in the crypto sector. He noted that engaging with international investors and technology companies could provide essential support in realizing this vision. Establishing Pakistan as a trusted jurisdiction for cryptocurrency activities would be pivotal in attracting global business and fostering innovation.
Conclusion
As the global interest in cryptocurrencies and blockchain technology continues to rise, Pakistan is positioning itself to compete on this new frontier. With leaders like Bilal Bin Saqib at the helm, there is an optimistic outlook for the nation’s aspirations to stand out in the rapidly evolving financial landscape of South Asia. Continued efforts in advocating for supportive regulations and infrastructural development will be crucial to making this vision a reality.
For more updates on the evolving crypto landscape in Pakistan and around the world, stay tuned to Bloomberg.
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