Pakistan is planning to create a legal framework for crypto to try to lure international investors to the Central Asian country.

“Pakistan is done sitting on the sidelines; we want to have regulatory clarity; we need to have a legal framework that is pro-business,” Pakistan Crypto Council CEO Bilal Bin Saqib told Bloomberg on March 20.

“We want Pakistan as the leader in blockchain-powered finance, and we want to attract international investment,” he added. “Sixty percent of the population is under 30 [years old], we have a Web3-native workforce ready to build.”

Earlier this month, Saqib was named chief adviser to Pakistan’s finance minister for the management of cryptocurrencies.

Blockchain analytics firm Chainalysis ranked…