Pakistan Moves To Regulate Crypto, Aiming To Attract Global Investors

Pakistan is taking measures to establish a legal framework for cryptocurrency, since the country aims to position itself as a cryptographic destination for international investors.

The move score a turn from the previous uncertainty, like orThe figs now seek regulatory clarity to attract financial innovation based on blockchain.

“Pakistan is done sitting on the sidelines; We want have regulatory clarity. We must have a legal framework that is pro-business” Bilal Bin Saqib saidCEO of the Pakistani encryption council, in an interview with Bloomberg on March 20.

EXPLORE: 10 Best cryptocurrency coins to to invest in 2025

The young workforce of Pakistan key for Blockchain growth, says the consultant

Saqib, who was Recently appointed head of the chief of the Finance Minister of Pakistan for the management of cryptocurrency, he underlined that the young population of the country could lead the adoption of the blockchain.

“Sixty percent of the population is under 30 years old and we have a native web3 workforce ready for construction,” he observed.

Pakistan was classified to the ninth place at a global level for the adoption of cryptocurrencies in 2023, according to the chain, with about 20 million Pakistani cryptocurrency users.

Saqib believes that the country must move quickly to remain competitive, in particular when global leaders integrate cryptocurrency in financial strategies.

By calling the president of the United States Donald Trump “the largest bullish catalyst for cryptocurrency in history”, Saqib underlined Trump’s plans for a bitcoin reserve and an escort of cryptocurrencies, claiming that other nations, including Pakistan, must follow the example to remain pertinent.

Break:

Pakistan to legalize cryptocurrency. pic.twitter.com/eult5umuvj

– Crypto Rover (@Rovercrc) March 20, 2025

Saqib, who was Appointed CEO of the Crypto Council of Pakistan on March 14, 2025, he sees Crypto as a greater opportunities for the development of nations.

He underlined how the blockchain could revolutionize the remittances and trade, reducing dependence on traditional banks and on the reduction of expensive commissions, which currently go between 5-9% for cross-border payments.

“Pakistan is open to business,” he said, reporting the country’s commitment to embrace digital resources.

EXPLORE: 10 coins with high yields: Crypto Predicion 2025

Pakistan plans the National Crypto Council to model the regulatory framework

The Ministry of Finance of Pakistan is moving towards a formal cryptocurrency regulation with plans to establish a national cryptocurrency advice, reporting a potential change in the country’s position on digital activities.

Last month, Finance Minister Muhammad Aurangzeb met a foreign delegation discuss investments and development of cryptocurrency policies.

Among the participants was Gentry Beach Jr., a business partner who recently engaged $ 1 billion in investments in Pakistan. The delegation also included the technological entrepreneur Nikita Goldsmith, the Blockchain consultant Alex Malkov and the Cosmic Cosmica Wire Jerad Finck.

Until recently, the Pakistani government and the central bank had strongly Adjustment of the opposite cryptocurrency. The previous finance ministers rejected the legalization of digital activities and the Pakistan state bank has repeatedly warned of their use.

However, Aurangzeb has requested a more open approach, suggesting that the government should evaluate the sector potential Rather than rejecting it definitive.

THE The proposed national encryption council would have been an advisory body composed of government officials, regulatory authorities and sector expertsAccording to the Ministry of Finance.

EXPLORE: The best new cryptocurrencies to invest in 2025

The post Pakistan moves to regulate the cryptocurrency, with the aim of attracting global investors who appeared first out of 99 bitcoins.