Pakistan Appoints World Liberty Financial Advisor to Key Government Role on Crypto
The Pakistani government has appointed Bilal Bin Saqib as a special assistant to the prime minister on blockchain and cryptocurrency, aiming to enhance its digital asset sector. Bin Saqib, also a chief advisor to the finance minister and CEO of the Pakistan Crypto Council, is a London School of Economics graduate and recognized in Forbes’ 30 Under 30. The government plans to allocate 2,000 megawatts of surplus electricity for bitcoin mining to generate revenue and attract foreign investment. Concerns about this crypto initiative arise amid a 45% decline in foreign direct investment. Pakistan has engaged a U.S. lobbyist for investment facilitation and is exploring ties with World Liberty Financial, a Trump-linked crypto project. An MOU was signed to potentially use World Liberty’s stablecoin for trade and remittances in Pakistan.
