Bilal Bin Saqib appointed chief adviser on Pakistan Crypto Council
Business
He will lend his experience to Pakistan’s efforts to integrate cryptocurrency into financial system
ISLAMABAD (APP) - The government has appointed Bilal Bin Saqib MBE as the Chief Adviser to the Finance Minister on the Pakistan Crypto Council to reaffirm Pakistan’s commitment to embracing technological advancement while ensuring sound policy measures that support the national economy, digital transformation, and a secure, transparent financial system for all.
According to press release issued by finance ministry here Wednesday Bilal Bin Saqib, recognised by Forbes, is a Web3 investor, strategic adviser, and thought leader in the blockchain space.
Saqib was included by Forbes in their 30 under 30 list and has been acknowledged by King Charles III, the late Queen Elizabeth II, and the Mayor of London for his efforts for the community.
He was also the recipient of the 1632nd Points of Light Award, awarded by the British Prime Minister to recognize change makers in the country. He received his MBE (Member of the British Empire) in 2023 for contributions to the National Health Service in the UK.
In this pivotal role as the Chief Adviser to the Finance Minister on the Pakistan Crypto Council, Saqib will lend his great knowledge and experience to Pakistan’s efforts to integrate cryptocurrency and blockchain technologies into its financial ecosystem while ensuring the development of a robust regulatory framework for digital assets in alignment with global best practices.
Additionally, he will advise the Finance Ministry on exploring the use of artificial intelligence (AI) to enhance government efficiency, optimize decision-making processes, and drive innovation in public sector operations.
Saqib’s appointment marks a significant step forward in Pakistan’s commitment to embracing the transformative potential of digital currencies, ensuring financial security, mitigating risks, and effectively assessing the impact of cryptocurrencies on Pakistan’s economy.
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb welcomed the appointment of Bilal Bin Saqib and the crucial role his vast expertise and innovative vision was likely to play in guiding Pakistan’s position in the rapidly evolving digital economy.
