In a significant move towards integrating emerging technologies into Pakistan’s financial ecosystem, the government has appointed Mr. Bilal Bin Saqib MBE as the Chief Advisor to the Finance Minister on the Pakistan Crypto Council. This appointment, announced on March 5, 2025, is a part of Pakistan’s strategy to embrace technological advancements while ensuring sound policy measures that support the national economy, digital transformation, and a secure financial system for all.
Bilal Bin Saqib, a distinguished Web3 investor, strategic advisor, and thought leader in the blockchain space, brings vast expertise to this crucial role. Recognized by Forbes as one of the leading young innovators in the blockchain sector, Saqib was included in the prestigious Forbes 30 Under 30 list. His contributions to the community have earned him widespread recognition, including accolades from King Charles III, the late Queen Elizabeth II, and the Mayor of London. In 2023, he was awarded the Member of the British Empire (MBE) honor for his outstanding contributions to the National Health Service in the UK. Furthermore, he was the recipient of the 1632nd Points of Light Award, presented by the British Prime Minister to recognize exceptional change-makers.
As the Chief Advisor on the Pakistan Crypto Council, Mr. Saqib will leverage his extensive knowledge to help Pakistan integrate cryptocurrency and blockchain technologies into its financial system. One of his key responsibilities will be to guide the development of a robust regulatory framework for digital assets that aligns with global best practices, ensuring the safe and secure adoption of digital currencies. His expertise will also support Pakistan in mitigating the risks associated with cryptocurrency while unlocking its vast potential for economic growth.
In addition to his role in the cryptocurrency sector, Mr. Saqib will advise the Finance Ministry on the use of artificial intelligence (AI) to enhance governmental efficiency, optimize decision-making, and drive innovation in public sector operations. This forward-thinking approach underscores the government’s commitment to embracing cutting-edge technologies that can help Pakistan remain competitive in the rapidly evolving digital economy.
The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, welcomed Mr. Saqib’s appointment, emphasizing the importance of his leadership in shaping Pakistan’s future in the digital and crypto spaces. “Mr. Saqib’s appointment is a clear testament to our commitment to emerging technologies. We are confident that his leadership and innovative vision will guide the development of a sound and effective regulatory framework, fostering growth in Pakistan’s crypto sector,” said Senator Aurangzeb.
In his statement, Mr. Saqib expressed his optimism about the role that cryptocurrency and blockchain technology can play in Pakistan’s future, especially for the youth. “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,” he said.
This appointment marks a critical step in Pakistan’s efforts to become a regional leader in cryptocurrency and blockchain technologies. The country aims to leverage these digital innovations to enhance economic opportunities, create jobs, and foster a transparent financial system. As cryptocurrencies continue to gain traction globally, Pakistan’s proactive approach in shaping a clear regulatory framework will be crucial in managing the economic, security, and regulatory challenges that this emerging sector presents.
With Bilal Bin Saqib at the helm of the Pakistan Crypto Council, Pakistan is poised to play a significant role in the global digital economy, driving forward innovation while ensuring the security and transparency of its financial systems.