Full speed ahead despite crypto confusion? – Newspaper

After a brief crypto bull run earlier this year that has now turned bearish, Pakistan was quick to raise crypto as an agenda item as part of its overall strategy of deploying commercial diplomacy, such that in February — a month after the new ‘crypto-friendly’ US administration took office — we were already hearing reports of a National Crypto Council being established under the Finance Ministry, with Bilal Bin Saqib later announced as its CEO.

While it has not even been a year since Mr Saqib’s appointment, so far his title has taken five different forms: from initially being tasked as Chief Advisor to the Finance Minister to CEO of the Pakistan Crypto Council (PCC), he was quickly elevated as the nation’s first Special…

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