Bilal Bin Saqib designated as main advisor to the Pakistan Crypto Council

The government has designated Bilal Bin Saqib MBE as the Chief Adviser to the Finance Minister on the Pakistan Crypto Council to reinforce Pakistan’s dedication to technological advancement while implementing effective policy measures that bolster the national economy, facilitate digital transformation, and ensure a secure, transparent financial system for all.

A press release from the finance ministry on Wednesday states that Bilal Bin Saqib, acknowledged by Forbes, is a Web3 investor, strategic advisor, and thought leader in the blockchain sector.

Saqib was featured in Forbes’ 30 Under 30 list and has received recognition from King Charles III, the late Queen Elizabeth II, and the Mayor of London for his contributions to the community.

He received the 1632nd Points of Light Award, conferred by the British Prime Minister to acknowledge change-makers in the nation. He was awarded the MBE (Member of the British Empire) in 2023 for his contributions to the National Health Service in the UK.

In this pivotal role as the Chief Adviser to the Finance Minister on the Pakistan Crypto Council, Saqib will lend his great knowledge and experience to Pakistan’s efforts to integrate cryptocurrency and blockchain technologies into its financial ecosystem while ensuring the development of a robust regulatory framework for digital assets in alignment with global best practices.

Furthermore, he will counsel the Finance Ministry on investigating the application of artificial intelligence (AI) to improve governmental efficiency, refine decision-making processes, and foster innovation in public sector operations.

Saqib’s nomination signifies a pivotal advancement in Pakistan’s dedication to harnessing the revolutionary capabilities of digital currencies, safeguarding financial security, alleviating risks, and accurately evaluating the influence of cryptocurrencies on the nation’s economy.

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb endorsed the appointment of Bilal Bin Saqib, emphasizing the significant impact his extensive expertise and innovative vision are expected to have on shaping Pakistan’s stance in the swiftly advancing digital economy.