Pakistan moves to legalise crypto, eyes foreign investment amid global shift
Pakistan is set to introduce a legal framework for cryptocurrencies in a bid to attract foreign investment, Bilal Bin Saqib, chief advisor to the country’s finance minister, told Bloomberg in an interview on Thursday.
The development follows Prime Minister Shehbaz Sharif’s decision to establish the Pakistan Crypto Council (PCC) to promote blockchain technology.
“Pakistan is done sitting on the sidelines,” Saqib told Bloomberg. “We want to attract international investment because Pakistan is a low-cost, high-growth market with 60% of the population under 30. We have a Web3-native workforce ready to build. Trump is making crypto a national priority, and every country, including Pakistan, will have to follow suit.”
If Pakistan…
