When a country like Pakistan, a nation brimming with young tech talent, rapid digital adoption, and a hunger for innovation, takes a leap into the blockchain world, the crypto community pays attention. And now, that leap has a name: the Asian Crypto Council.
In a headline-making move, Pakistan has joined this influential alliance of crypto-forward nations, signaling not just a policy shift, but a bold vision for the future. With Bilal Bin Saqib MBE stepping in as a top crypto advisor and a flurry of international partnerships already underway, the message is loud and clear: Pakistan is ready to play big in the digital economy.
This isn’t just another government trying to catch up. This is a country making a power play, and it might just reshape the crypto map of Asia.
Strategic Leadership and Vision
Bilal Bin Saqib’s Appointment
Bilal Bin Saqib, a renowned Web3 investor and blockchain strategist, has been appointed as the Special Assistant to Prime Minister Shehbaz Sharif on blockchain and cryptocurrency, with the status of a minister of state. He also serves as the Chief Executive Officer of the Pakistan Crypto Council (PCC) and Chief Advisor to the Finance Minister.
Role in the Asian Crypto Council
Pakistan’s integration into the Asian Crypto Council aims to foster regional collaboration, promote regulatory coherence, and enhance financial inclusion across Asia. The council serves as a platform for member countries to share knowledge, develop standardized frameworks, and drive innovation in the crypto space.
Strategic Partnerships
Collaboration with World Liberty Financial
In a landmark development, the Pakistan Crypto Council signed a letter of intent with World Liberty Financial (WLF), a U.S.-backed decentralized finance platform. This partnership aims to leverage blockchain technology for remittances and trade, aligning with the objectives of the Asian Crypto Council to bridge East and West through technological collaboration.
Advisory Role of Binance Founder
Adding further momentum, Binance founder Changpeng Zhao (CZ) has been named a strategic advisor to the Pakistan Crypto Council. His involvement brings global credibility and reinforces Pakistan’s ambition to be a key player in the Asian Crypto Council’s initiatives.
Market Overview
Current Cryptocurrency Prices
As of May 27, 2025, the cryptocurrency market shows the following trends:
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Bitcoin (BTC): $109,717
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Ethereum (ETH): $2,644.57
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BNB: $682.94
These figures indicate a stable market, reflecting investor confidence amid Pakistan’s proactive steps in the crypto sector.
Conclusion
Pakistan’s active participation in the Asian Crypto Council, strategic appointments, and international partnerships signify its dedication to becoming a regional hub for blockchain and cryptocurrency. These initiatives are expected to attract foreign investment, create employment opportunities, and position Pakistan as a leader in the digital economy.
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FAQs
1. What is the Asian Crypto Council?
The Asian Crypto Council is a regional alliance of governments, regulators, and industry leaders in Asia focused on promoting blockchain innovation, regulatory harmony, and crypto adoption across member nations.
2. Why did Pakistan join the Asian Crypto Council?
Pakistan joined to gain access to a broader regulatory framework, attract foreign investment, and accelerate its transition to a blockchain-powered economy by collaborating with regional crypto leaders.
3. Who is Bilal Bin Saqib and what is his new role?
Bilal Bin Saqib is a UK-decorated social entrepreneur and blockchain strategist. He has been appointed as the Special Assistant to Pakistan’s Prime Minister on blockchain and crypto, and serves as Chief Advisor to the Finance Minister.
4. What are the potential risks of this partnership?
While the move is ambitious, risks include regulatory pushback, volatility in the crypto market, and challenges in implementing infrastructure across a developing financial ecosystem.
5. How does this impact crypto users in Pakistan?
The partnership is expected to lead to more structured policies, improved security, increased foreign interest, and eventually easier access to crypto tools and services for the general public.
Glossary of Key Terms
Blockchain: A decentralized, immutable digital ledger that records transactions across many computers.
Cryptocurrency: A form of digital or virtual currency secured by cryptography, typically operating on a blockchain.
DeFi (Decentralized Finance): Financial services built on blockchain platforms that operate without traditional intermediaries like banks.
Stablecoin: A type of cryptocurrency pegged to a stable asset like the US dollar to reduce volatility.
Web3: The next generation of the internet focused on decentralization, user ownership, and blockchain integration.
DAO (Decentralized Autonomous Organization): An entity governed by smart contracts and community votes instead of centralized leadership.
Tokenization: The process of converting ownership rights in a real-world asset into a digital token on a blockchain.
Strategic Advisor: A high-level expert who offers guidance on key business or policy decisions.
