Summary
- The Pakistani government announced the appointment of Bilal Bin Saqib as the Special Assistant to the Prime Minister for Blockchain and Virtual Assets, aiming to strengthen digital asset regulations.
- Saqib will be responsible for developing a comprehensive regulatory framework and initiating Bitcoin (BTC) mining initiatives.
- This appointment demonstrates Pakistan's policy intent to become a crypto-friendly nation.
It seems that Pakistan is preparing to emerge as a crypto-friendly nation.
According to local media on the 27th (Korean time), the Pakistani government has appointed Bilal Bin Saqib as the Special Assistant to the Prime Minister for Blockchain and Virtual Assets, granting him the status of Minister of State.
Saqib was previously serving as the Chief Advisor to the Finance Minister of the Pakistan Cryptocurrency Committee (PCC), but took on the new position within a few weeks.
According to the statement, Saqib will be tasked with developing a comprehensive regulatory framework for digital assets and initiating Bitcoin (BTC) mining initiatives.
Meanwhile, Saqib has also been serving as a Special Advisor to World Liberty Financial (WLFI) since April.
Uk Jin
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