Bilal Bin Saqib Appointed Chief Advisor on Pakistan Crypto Council
ISLAMABAD: The Government of Pakistan has designated Mr. Bilal Bin Saqib MBE as the Chief Advisor to the Finance Minister on the Pakistan Crypto Council, reinforcing the country’s commitment to adopting technological advancements while ensuring effective policy measures to bolster the national economy, foster digital transformation, and create a secure and transparent financial system for all.
Bilal Bin Saqib, acknowledged by Forbes, is a Web3 investor, strategic consultant, and thought leader in the blockchain industry. He was included in Forbes’ 30 under 30 list and has been recognized by King Charles III, the late Queen Elizabeth II, and the Mayor of London for his contributions to the community. Additionally, he received the 1632nd Points of Light Award from the British Prime Minister in honor of his impact as a change-maker. Mr. Saqib was also awarded the MBE (Member of the British Empire) in 2023 for his contributions to the National Health Service in the UK.Former health advisors, officials recommend advisory role for healthcare professionals serving abroad
In his key position as Chief Advisor to the Finance Minister on the Pakistan Crypto Council, Mr. Saqib will apply his extensive expertise to Pakistan’s initiatives to integrate cryptocurrency and blockchain technology into the financial system, while helping develop a strong regulatory framework for digital assets in line with global standards. He will also advise the Finance Ministry on exploring the use of artificial intelligence (AI) to improve government efficiency, enhance decision-making, and foster innovation in public sector operations.
Mr. Saqib’s appointment is a significant milestone in Pakistan’s dedication to harnessing the transformative potential of digital currencies, ensuring financial security, mitigating risks, and assessing the broader impact of cryptocurrencies on the national economy.
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, expressed his support for the appointment, emphasizing the vital role Mr. Saqib’s deep expertise and innovative perspective will play in shaping Pakistan’s position in the fast-evolving digital economy. “Mr. Saqib’s appointment demonstrates our commitment to embracing emerging technologies while ensuring a secure and transparent financial system. We are confident that his leadership will help develop a robust and effective regulatory framework, nurturing innovation and sustainable growth in Pakistan’s cryptocurrency sector,” he said in a statement.
Commenting on his new role, Mr. Saqib said, “Cryptocurrency and blockchain technologies have enormous potential for Pakistan, particularly for our youth, who are the driving force behind our digital future. With the right strategies and regulatory frameworks, we can empower the youth, drive economic growth, and position Pakistan as a leader in this field.”
This appointment represents a crucial step in Pakistan’s efforts to become a regional leader in the cryptocurrency sector and ensure the nation is well-prepared to tackle the regulatory, economic, and security challenges associated with this rapidly emerging industry.
