Pakistan establishes Crypto Council under FinMin
Business
Bilal Saqib will leverage his expertise in block chain technology, investment strategies
ISLAMAABD (Dunya News) – The federal government has officially established the Pakistan Crypto Council under the leadership of Finance Minister Muhammad Aurangzeb.
According to the Ministry of Finance, the council aims to develop effective policies, promote innovations, and establish a secure financial system Bilal Bin Saqib, the Chief Advisor to the finance minister on the Pakistan Crypto Council, has been appointed as its CEO.
Bilal Saqib will leverage his expertise in block chain technology, investment strategies and digital innovations to lead this initiative.
The council’s board includes the State Bank of Pakistan (SBP) Governor, Chairman of security Exchange Commission of Pakistan (SECP) and federal secretaries of law and finance.
The council will provide regulatory recommendations for crypto adoption, establish global partnerships, and promote responsible financial innovation. The Ministry of Finance emphasized that the initiative marked a significant step toward financial and technology and digital assets.
