{"id":18216,"date":"2025-03-20T10:01:51","date_gmt":"2025-03-20T10:01:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18216"},"modified":"2025-03-20T10:01:51","modified_gmt":"2025-03-20T10:01:51","slug":"pakistan-moves-to-regulate-crypto-aiming-to-attract-global-investors","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18216","title":{"rendered":"Pakistan Moves To Regulate Crypto, Aiming To Attract Global Investors"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Pakistan is taking steps to establish a legal framework for cryptocurrency, as the country is aiming to position itself as a crypto-friendly destination for international investors. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The move <\/span><span data-preserver-spaces=\"true\">marks a shift<\/span><span data-preserver-spaces=\"true\"> from previous <\/span><span data-preserver-spaces=\"true\">uncertainty, as o<\/span><span data-preserver-spaces=\"true\">fficials now seek regulatory clarity to attract blockchain-powered financial innovation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cPakistan <\/span><span data-preserver-spaces=\"true\">is done<\/span><span data-preserver-spaces=\"true\"> sitting on the sidelines; we want <\/span><span data-preserver-spaces=\"true\">to have<\/span><span data-preserver-spaces=\"true\"> regulatory clarity. <\/span><span data-preserver-spaces=\"true\">We need to have a <\/span><span data-preserver-spaces=\"true\">legal framework that is pro-business<\/span><span data-preserver-spaces=\"true\">,\u201d <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.bloomberg.com\/news\/videos\/2025-03-20\/pakistan-aims-to-be-crypto-capital-of-south-asia-video\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">said Bilal Bin Saqib<\/span><\/a><span data-preserver-spaces=\"true\">, CEO of the Pakistan Crypto Council, in an interview with Bloomberg on March 20.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Best AI Crypto Coins to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Pakistan\u2019s Young Workforce Key To Blockchain Growth, Says Adviser<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Saqib, <\/span><span data-preserver-spaces=\"true\">who was<\/span><span data-preserver-spaces=\"true\"> recently appointed chief adviser to Pakistan\u2019s finance minister for cryptocurrency management, emphasized that the country\u2019s young population could drive blockchain adoption.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cSixty percent of the population is under 30, and we have a Web3-native workforce ready to build,\u201d he noted.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Pakistan ranked ninth globally for crypto adoption in 2023, according to Chainalysis, with an estimated 20 million Pakistani crypto users. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Saqib believes the country must move quickly to remain competitive, particularly as global leaders integrate crypto into financial strategies.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Calling US President Donald Trump \u201cthe biggest bullish catalyst for crypto in history,\u201d Saqib pointed to Trump\u2019s plans for a Bitcoin reserve and crypto stockpile, arguing that other nations, including Pakistan, must follow suit to stay relevant.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4a5.png\" alt=\"\ud83d\udca5\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">BREAKING:<\/p>\n<p>PAKISTAN TO LEGALIZE CRYPTOCURRENCY. <a href=\"https:\/\/t.co\/EULt5umUVj\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/EULt5umUVj<\/a><\/p>\n<p>\u2014 Crypto Rover (@rovercrc) <a href=\"https:\/\/twitter.com\/rovercrc\/status\/1902596464510984557?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Saqib, <\/span><span data-preserver-spaces=\"true\">who was<\/span><span data-preserver-spaces=\"true\"> named CEO of the Pakistan Crypto Council on 14 March 2025, sees crypto as a <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> opportunity for developing nations. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">He highlighted how blockchain could revolutionize remittances and trade, reducing reliance on traditional banking and lowering costly fees, which currently range between 5-9% for cross-border payments.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cPakistan is open for business,\u201d he declared, signaling the country\u2019s commitment to embracing digital assets.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Pakistan Plans National Crypto Council To Shape Regulatory Framework<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Pakistan\u2019s finance ministry is moving toward formal crypto regulation with plans to establish a National Crypto Council, signaling a potential shift in the country\u2019s stance on digital assets.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Last month, Finance Minister Muhammad Aurangzeb <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.dawn.com\/news\/1894310\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">met with a foreign delegation<\/span><\/a><span data-preserver-spaces=\"true\"> to discuss crypto-related investment and policy development. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Among the attendees was Gentry Beach Jr., a business associate who recently pledged $1 billion in investments to Pakistan. The delegation also included tech entrepreneur Nikita Goldsmith, blockchain consultant Alex Malkov, and Cosmic Wire CEO Jerad Finck.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Until recently, Pakistan\u2019s government and central bank had <\/span><span data-preserver-spaces=\"true\">strongly<\/span><span data-preserver-spaces=\"true\"> opposed cryptocurrency regulation. Previous finance ministers dismissed the legalization of digital assets, and the State Bank of Pakistan repeatedly warned against their use. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, Aurangzeb has called for a more open approach, suggesting that the government should evaluate the <\/span><span data-preserver-spaces=\"true\">potential of the sector<\/span><span data-preserver-spaces=\"true\"> rather than dismiss it outright.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The<\/span><span data-preserver-spaces=\"true\"> proposed National Crypto Council would serve as an advisory body comprising government officials, regulatory authorities, and industry experts<\/span><span data-preserver-spaces=\"true\">, according to the finance ministry<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Pakistan is moving toward crypto regulation, aiming to attract international investors and position itself as a blockchain-friendly economy.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">The country\u2019s young, Web3-native workforce is seen as a key driver of blockchain adoption, with over 20 million estimated crypto users.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Pakistan plans to establish a National Crypto Council, signaling a shift from past resistance to a more open approach to digital assets.<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/pakistan-moves-to-regulate-crypto-aiming-to-attract-global-investors\/\">Pakistan Moves To Regulate Crypto, Aiming To Attract Global Investors<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan is taking steps to establish a legal framework for cryptocurrency, as the country is aiming to position itself as a crypto-friendly destination for international investors. The move marks a shift from previous uncertainty, as officials now seek regulatory clarity to attract blockchain-powered financial innovation. \u201cPakistan is done sitting on the sidelines; we want to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18216","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18216"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18216\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}