{"id":4433,"date":"2025-03-20T13:20:29","date_gmt":"2025-03-20T08:20:29","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=4433"},"modified":"2025-03-20T13:20:29","modified_gmt":"2025-03-20T08:20:29","slug":"pakistan-moves-towards-legalizing-cryptocurrency-to-attract-global-investment","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=4433","title":{"rendered":"Pakistan Moves Towards Legalizing Cryptocurrency to Attract Global Investment"},"content":{"rendered":"

Islamabad, Pakistan \u2013<\/strong> Pakistan is making significant strides toward establishing a legal framework for cryptocurrency trading, aiming to attract international investment and position itself as a key player in the global digital economy.<\/p>\n

Bilal bin Saqib, CEO of the Pakistan Crypto Council, revealed the country\u2019s ambitions during an interview with Bloomberg TV. He highlighted Pakistan\u2019s commitment to developing a clear regulatory framework to govern digital asset activities, which is expected to bolster the local crypto ecosystem.<\/p>\n

“Pakistan is done sitting on the sidelines. 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,” Saqib stated.<\/p>\n

This development follows the recent establishment of a national crypto council<\/a> by Prime Minister Shehbaz Sharif. The council is tasked with promoting blockchain technology and formulating policies to support the emerging digital economy<\/a>.<\/p>\n

Saqib also emphasized the global shift towards cryptocurrency regulation, citing the United States as an example. “Trump is making crypto a national priority, and every country, including Pakistan, will have to follow suit,” he noted.<\/p>\n

If Pakistan successfully legalizes cryptocurrency, it will become the first South Asian nation to do so, outpacing its larger neighbor India, which has maintained a cautious stance on digital currencies. While Bhutan is engaged in Bitcoin mining, cryptocurrencies are not recognized as legal tender there.<\/p>\n

With a young, tech-savvy population and a rapidly evolving digital landscape, Pakistan\u2019s move toward cryptocurrency regulation could position the nation as a significant hub for blockchain innovation and global crypto investment.<\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad, Pakistan – Pakistan is making significant strides toward establishing a legal framework for cryptocurrency trading, aiming to attract international investment and position itself as a key player in the global digital economy. Bilal bin Saqib, CEO of the Pakistan Crypto Council, revealed the country’s ambitions during an interview with Bloomberg TV. He highlighted Pakistan’s […]<\/p>\n","protected":false},"author":1,"featured_media":4434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1305],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t