Pakistan, March 21 -- As Pakistan moves to formally recognize cryptocurrency, Bilal bin Saqib, the country's newly appointed crypto advisor, has said that the country intends to legalize the digital currency and create a regulatory framework to attract international investment.

In an interview with Bloomberg TV, Bilal, the newly appointed Chief Advisor to the Finance Minister for the Pakistan Crypto Council, outlined the vision for Pakistan's crypto future.

"Pakistan is done sitting on the sidelines, we want to have regulatory clarity. We need to have a legal framework that is pro-business.

"We want Pakistan as a leader in blockchain-powered finance, and we want to attract international investment because Pakistan is a low-cost, high-g...