Pakistan Moves to Legalize Cryptocurrency to Attract Global Investment

In a bold step towards financial innovation, Pakistan is preparing to legalize cryptocurrency, signaling a major shift in its economic strategy. Bilal Bin Saqib, chief adviser to the finance minister on the Pakistan Crypto Council, revealed that the government aims to create a structured regulatory framework for digital assets.

This initiative seeks to attract international investment by providing clarity and security for crypto transactions. The finance ministry is also considering the formation of a National Crypto Council, which will be responsible for shaping policies, tackling regulatory challenges, and ensuring the safe adoption of digital currencies.

With a young, tech-savvy population and a rapidly growing Web3 ecosystem, Pakistan positions itself as a high-growth market for blockchain technology. This move aligns with global trends, especially as countries like the U.S. continue integrating cryptocurrency into their financial systems.

By embracing digital assets, Pakistan is paving the way for a more inclusive and modern financial landscape—one that could place it at the forefront of the global crypto economy.