Pakistan: Pakistan Virtual Assets Regulatory Authority Chairman Bilal Bin Saqib has said that government vision and comprehensive reforms are giving Pakistan's Bitcoin and digital economy a new direction for development.
According to Radio Pakistan, in an interview at the Abu Dhabi Bitcoin Conference 2025, the Chairman PVARA said that Pakistan has become the center of attention at the global level due to significant progress in crypto regulation. He stated that Pakistan considers Bitcoin and digital assets not just an investment but a fundamental pillar of the future financial system.
Bilal Bin Saqib highlighted that a country with a population of 240 million and 70 percent youth power is not only dependent on the traditional economy but is rapidly moving towards a new model of digital economy. He emphasized that Pakistan's goal is to make youth not consumers but digital creators and architects of the new economy.
The Chairman PVARA explained that Pakistan is reforming the unregulated crypto market to transform it into a transparent and investor-friendly system in line with global standards. He added that Pakistan has developed a 3-pillar regulatory framework for assets based on clarity, phased implementation, and effective supervision through technology.
He also mentioned that interim licenses, mining, tokenization, and fintech pilot projects have been launched for major exchanges in Pakistan, with billions of dollars expected to be invested in these projects in the next few years.