Pakistan, March 8 -- Pakistan's chief crypto advisor Bilal bin Saqib has said that the Pakistan Crypto Council recognises the country's strong position as one of the top 10 nations globally in crypto adoption and that the council will work to recognise crypto as a strategic asset.

As Pakistan moves toward formalising its stance on cryptocurrency, the government on Wednesday announced the appointment of Bilal bin Saqib as the Chief Advisor to the Finance Minister for the Pakistan Crypto Council.

Bilal's appointment "marks a significant step forward in Pakistan's commitment to embracing the transformative potential of digital currencies, ensuring financial security, mitigating risks, and effectively assessing the impact of cryptocurrencies ...