Pakistan Appoints Special Advisor for Blockchain & Cryptocurrency

Pakistan’s Prime Minister Shehbaz Sharif has appointed Bilal Bin Saqib, CEO of the Pakistan Cryptocurrency Council, as Special Assistant for Blockchain and Cryptocurrency Affairs. Mr. Saqib will hold the rank of a Minister of State but operate without a salary. He is tasked with developing regulations that conform to Financial Action Task Force (FATF) standards, fostering Bitcoin mining initiatives, and integrating blockchain technology into government operations.