‘Pakistan adopts 3-pillar crypto framework’
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
Says that with a population that’s 70 percent youth, Pakistan is not relying solely on atraditional economy
Minister of State for Crypto, Blockchain and CEO of the Pakistan Crypto Council Bilal Bin Saqib. Photo: X
Pakistan has emerged as a focal point of global attention due to significant progress in crypto regulation, said Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib during a special interview at the Abu Dhabi Bitcoin Conference 2025.
Outlining Pakistan’s vision for cryptocurrencies and digital assets, Saqib said Pakistan views Bitcoin and digital assets not merely as investment tools but as a fundamental pillar of the future financial system.
He noted that with a population of 240 million — 70 percent of whom are youth — Pakistan is no longer relying solely on a traditional economy and is rapidly transitioning toward a modern digital economy.
He said Pakistan’s goal is to transform young people from mere consumers into digital creators and architects of the new economy. To achieve this, comprehensive reforms are being introduced to convert the unregulated crypto market into a transparent, secure, and investor-friendly system aligned with global standards.
According to the PVARA chairman, Pakistan has developed a three-pillar regulatory framework for crypto and digital assets, based on clarity, phased implementation, and effective oversight through advanced technology.
Reference Link:- https://tribune.com.pk/story/2584283/pakistan-adopts-3-pillar-crypto-framework
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
