Pakistan, March 20 -- Pakistan is working on a legal framework to regulate cryptocurrency trading, aiming to attract international investment. Bilal bin Saqib, CEO of the Pakistan Crypto Council, stated that the country wants clear regulations to support its growing digital asset ecosystem. He emphasized that Pakistan, with a young population and low operational costs, has the potential to become a major blockchain finance hub.

With 15 to 20 million Pakistanis already holding digital assets, crypto transactions in the country are worth billions of dollars. Saqib stressed that legalizing cryptocurrency would help bring in investments and foster industry growth. Pakistan is also studying the UAE's regulatory model and collaborating with Ni...