Dawn
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07:53 May 26, 2025
Prime Minister Shehbaz Sharif has appointed Pakistan Crypto Council (PCC) Chief Executive Officer Bilal Bin Saqib as his special assistant on blockchain and cryptocurrency, with the status of a minister of state. On February 25, the finance ministry had announced it was considering “establishing a National Crypto Council” to adopt emerging digital currencies in line with global trends. It later appointed Saqib as chief executive officer of the PPC. According to a press release issued today, Saqib will now be responsible for developing a comprehensive, FATF-compliant regulatory framework for digital assets, launching Bitcoin mining initiatives, and overseeing blockchain integration in governance, finance, and land records. Additionally, he will also facilitate “licensing and oversight of virtual asset service providers (VASPs)” and champion “investor protection and Web3 ecosystem growth” in the country. According to Forbes, Saqib — who is part of their ‘30 under 30’ list — is the cofounder of Tayaba, which the...