Bilal Bin Saqib appointed chief advisor on Pakistan Crypto Council

The government of Pakistan has appointed Bilal Bin Saqib, MBE, as the Chief Advisor to the finance minister on the Pakistan Crypto Council.

This move reaffirms Pakistan's commitment to embracing technological advancements while ensuring sound policy measures that support the national economy, digital transformation, and a secure, transparent financial system for all.

Bilal Bin Saqib, recognized by Forbes, is a Web3 investor, strategic advisor, and thought leader in the blockchain space. He was included in Forbes' 30 under 30 list and has been acknowledged by King Charles III, the late Queen Elizabeth II, and the Mayor of London for his community efforts.

Saqib received the 1632nd Points of Light Award from the British Prime Minister and was honored with an MBE (Member of the British Empire) in 2023 for his contributions to the National Health Service in the UK.

In his new role, Saqib will lend his extensive knowledge and experience to Pakistan's efforts to integrate cryptocurrency and blockchain technologies into its financial ecosystem.

He will also ensure the development of a robust regulatory framework for digital assets in alignment with global best practices. Additionally, Saqib will advise the Finance Ministry on exploring the use of artificial intelligence (AI) to enhance government efficiency, optimize decision-making processes, and drive innovation in public sector operations.

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb welcomed Saqib's appointment, highlighting the crucial role his expertise and innovative vision will play in guiding Pakistan's position in the rapidly evolving digital economy.

"Mr. Saqib's appointment underscores our commitment to embracing emerging technologies while ensuring a secure and transparent financial system. We are confident that his leadership will guide the development of a sound and effective regulatory framework, fostering innovation and sustainable growth in Pakistan's crypto sector," Aurangzeb said in a statement.

Commenting on his appointment, Saqib stated, "Cryptocurrency and blockchain technology hold immense potential for Pakistan, particularly for the youth, who are the driving force behind our nation's digital future. With the right strategies and regulatory framework, we can empower our country's youth, foster economic growth, and establish Pakistan as a leader in the space."