Pakistan Closely Examining Global Frameworks for Emerging Technologies, Says Bilal Bin Saqib

Islamabad: Bilal Bin Saqib, Minister of State for Crypto and Blockchain and CEO of Pakistan Crypto Council (PCC), stated that Pakistan is actively learning, listening, and contributing to the discussions surrounding emerging technologies. He emphasized that the country is closely studying how global leaders are shaping the regulatory and innovation frameworks in these sectors.
According to reports, Bilal Bin Saqib met with prominent U.S. Senators including Bill Hagerty, Rick Scott, Tim Sheehy, and Jim Justice. Senator Jim Justice, a co-sponsor of the BITCOIN Act, is a strong advocate for blockchain technology in government infrastructure. Additionally, the Minister of State held crucial meetings with Senator Ted Cruz, Congressman Troy Downing, Congressman Ryan Zinke, Congressman Rick McCormick, and Congressman Derek Van Orden. These leaders are playing an active role in forming policies for emerging technologies.
Private sector representative Jill Kelly, founder of EdentifID, also participated in a meeting with Congressman McCormick, offering valuable insights into blockchain-based identity technology.
Bilal Bin Saqib further met with Kevin Klein, Associate Counsel at the White House, and Agona Eze, discussing key developments and future directions for the industry.
During his visit, the Minister of State shared Pakistan’s recent advancements, which include the establishment of a strategic Bitcoin reserve, the development of a regulatory framework for virtual assets, and the introduction of stablecoins to improve remittance systems.
“We are here to learn, listen, and collaborate,” said Bilal Bin Saqib. “Pakistan is carefully studying global leaders’ experiences in regulation, innovation, and financial inclusion to tailor the best models for our own context, rather than just replicating them.”
He also emphasized that Pakistan is not merely watching from the sidelines but is actively positioned to lead in the global financial landscape. With a young population, a rapidly growing freelance economy, and annual remittances exceeding $36 billion, Pakistan has the potential to serve as a model for responsible innovation based on transparency, access, and long-term impact.