BusinessPostCorner.com
No Result
View All Result
Tuesday, July 15, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Pakistan Considers Legalizing Crypto to Boost Economic Growth

March 20, 2025
in Crypto News
Reading Time: 2 mins read
A A
0
Pakistan Considers Legalizing Crypto to Boost Economic Growth
ShareShareShareShareShare

Pakistan is moving to create a clear regulatory framework for cryptocurrency trading, aiming to attract international investment and boost economic growth.

In a bold shift from previous caution, the country is working to formalize digital-asset activities.

Bilal bin Saqib, CEO of the Pakistan Crypto Council and the newly appointed chief advisor to the finance minister for digital assets, told Bloomberg recently that this initiative is a necessary step toward unlocking Pakistan’s vast potential.

“Pakistan is done sitting on the sidelines,” Saqib declared. “We want to attract international investment because Pakistan is a low-cost high-growth market with 60% of the population under 30. We have a Web3 native workforce ready to build.”

High Crypto Engagement Fuels Pakistan’s Push for Legalization

Crypto trading has already made significant inroads in Pakistan. The nation now ranks ninth globally in crypto adoption. Even though the central bank has issued warnings about digital asset risks, an estimated 15m to 20m people are actively trading.

Much of this momentum comes from a young, tech-savvy population eager to explore new economic opportunities. Their enthusiasm is driving Pakistan’s push for crypto legalization.

The legalization initiative comes at a time when global interest in digital assets is surging.

Spoke to Bloomberg this morning

Our message is clear – Pakistan is done sitting on the sidelines! We want Pakistan as the leader in blockchain-powered finance. Pakistan is a low-cost high-growth market with 60% of the population under 30. We have a web3 native workforce ready… pic.twitter.com/VwhGGh7QWg

— Bilal bin Saqib MBE (@Bilalbinsaqib) March 20, 2025

US Crypto Enthusiasm Drives Pakistan to Align With International Financial Standards

Under President Donald Trump, the US adopted a more pro-crypto stance, which resonated with markets around the world. “Trump is making crypto a national priority and every country including Pakistan will have to follow suit,” Saqib told the outlet.

This international shift has encouraged Pakistan to align itself with global financial standards and seize the opportunity to be at the forefront of the digital economy.

Last month, Pakistan established a National Crypto Council to regulate digital assets, marking a definitive policy turnaround. This council will serve as a watchdog for the industry, ensuring that the burgeoning crypto market operates within a framework that safeguards investors while fostering innovation. The council’s creation underscores the government’s determination to integrate digital finance into its broader economic strategy.

The post Pakistan Considers Legalizing Crypto to Boost Economic Growth appeared first on Cryptonews.


Credit: Source link

ShareTweetSendPinShare
Previous Post

This millennial AI CEO works with Ebay and has just raised millions for her start-up—unlike tech bros she doesn’t use futuristic gadgets calling them mostly ‘useless’ 

Next Post

UK wage growth held steady at 5.9 per cent

Next Post
UK wage growth held steady at 5.9 per cent

UK wage growth held steady at 5.9 per cent

The machine-human workforce is here. How must leadership shift?

The machine-human workforce is here. How must leadership shift?

July 11, 2025
Trump’s assault on American greatness

Trump’s assault on American greatness

July 8, 2025
OpenAI’s  billion deal with AI coding startup Windsurf collapses, as Google swoops in for licensing deal

OpenAI’s $3 billion deal with AI coding startup Windsurf collapses, as Google swoops in for licensing deal

July 11, 2025
Columbia may be nearing a truce with Trump in funding fight

Columbia may be nearing a truce with Trump in funding fight

July 12, 2025
Tata Steel Port Talbot electric furnace work set to begin

Tata Steel Port Talbot electric furnace work set to begin

July 14, 2025
Shiba Inu Price Prediction: Whale Activity Surges as SHIB Blasts Up – Big News Could Be Coming

Shiba Inu Price Prediction: Whale Activity Surges as SHIB Blasts Up – Big News Could Be Coming

July 10, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Meta to spend hundreds of billions on AI data centres, says Mark Zuckerberg

Meta to spend hundreds of billions on AI data centres, says Mark Zuckerberg

July 15, 2025
Not Their Bag: Dolce & Gabbana USA Dismissed from NFT Fraud Case

Not Their Bag: Dolce & Gabbana USA Dismissed from NFT Fraud Case

July 15, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!