Pakistan, March 6 -- As Pakistan moves toward formalizing its stance on cryptocurrency, the government has appointed Bilal bin Saqib as the Chief Advisor to the Finance Minister for the Pakistan Crypto Council.

The move comes as Pakistan seeks to reaffirm its commitment to embracing technological advancement while ensuring sound policy measures that support the national economy, digital transformation, and a secure, transparent financial system for all, read a statement released by the Finance Division on Wednesday.

As per the statement, Saqib, recognized by Forbes, is a Web3 investor, strategic advisor, and thought leader in the blockchain space is also the recipient of the 1632nd Points of Light Award, awarded by the British Prime Min...