Pakistan Embraces Crypto: Building the Future in Web3

Finance Minister and head of the Pakistani Crypto Council, Bilal Bin Saqib, has declared a bold commitment to crypto adoption. Saqib’s statement signals a significant shift for Pakistan, as it seeks to leverage digital assets for economic growth after years of neglecting the sector. Saqib emphasizes the potential of cryptocurrencies to attract foreign investment and revitalize the stagnant economy. In a recent video, he argued that excess electricity in Pakistan can be utilized to generate Bitcoin mining opportunities.** This vision aligns with the ‘building’ approach prevalent in the crypto space, where projects, applications, and protocols are created to advance Web3 innovation. He has further outlined plans for Pakistan to become a hub for blockchain technology by establishing a national crypto council and fostering a supportive environment for entrepreneurship. **Saqib’s strategic advisor role with World Liberty Financial, a company affiliated with former President Donald Trump, adds another layer of influence to his vision.** This move underscores the country’s intention to embrace the digital era and position itself as a leader in Web3 development.**

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