‘Pakistan adopts three-pillar crypto framework’


He says that with a population that is 70 percent young, Pakistan does not depend solely on a traditional economy.

Minister of State for Crypto, Blockchain and CEO of Pakistan Crypto Council, Bilal Bin Saqib. Photo:

ISLAMABAD:

Pakistan has become a focal point of global attention due to significant progress in cryptocurrency regulation, Pakistan Virtual Asset Regulatory Authority (PVARA) Chairman Bilal bin Saqib said during a special interview at the Abu Dhabi Bitcoin Conference 2025.

Outlining Pakistan’s vision for cryptocurrencies and digital assets, Saqib said Pakistan sees Bitcoin and digital assets not simply 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 solely dependent on a traditional economy and is rapidly transitioning to a modern digital economy.

He said Pakistan’s goal is to transform youth from mere consumers into digital creators and architects of the new economy. To achieve this, comprehensive reforms are being introduced to turn 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 digital and crypto assets, based on clarity, gradual implementation and effective supervision through advanced technology.

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