Is Pakistan’s crypto balloon flying too close to the sun?
The Pakistan Crypto Council (PCC) exudes rare confidence — a quality that has helped it soar to great heights in a short period. Established in March this year, the council is led by State Minister for Crypto and Special Assistant to the Prime Minister on Blockchain and Crypto, Bilal bin Saqib, who also serves as its chief executive officer (CEO).
Last month, at a high-level Bitcoin conference in the US, which was attended by US President Donald Trump’s sons as well, Saqib unveiled Pakistan’s first-ever Strategic Bitcoin Reserve (SBR).
But while the state minister held meetings with crypto leaders, policymakers back home raised questions over the pace at which the PCC was going. Lawmakers also expressed that…
