London / Islamabad: The Government of Pakistan has appointed Bilal Bin Saqib Mbe as a chief advisor to the Minister of Finance on (Pakistan Crypto Council) to reaffirm Pakistan’s commitment to adopt technological progress while guaranteeing good political measures that support the national economy, digital transformation and a secure financial system for all.
The notification issued by the Ministry of Finance declares: “The Ministry of the Finanace was happy to appoint Mr. Bilal Bin Saqib as chief advisor to Pakistan Crypto Council in Finance Division, in terms of division of the omno.1 / 11/2018 (ii) -E -6.”
Bilal is advisor and investor in the web 3 sector. Having represented Pakistan several times on the international scene, including in NFT NYC, the World Economic Forum and the events of ETH Barcelona and Token 2049, he is a world opinion leader in the blockchain space.
Its expertise extends to the real assets of tokenization, deffi, DAOS, AI and institutional and business blockchain, actively shaping the trajectory of high -level blockchain projects.
He played a key role in the introduction of blockchain projects in Pakistan, leading education and awareness of blockchain in the country.
Bilal was included by Forbes in their list of 30 under 30 years of age and was recognized by King Charles III, the late Queen Elizabeth II and mayor of London.
He was also a recipient of the price of 1632nd points of Light, awarded by the British Prime Minister to recognize the manufacturers of changes in the country. Bilal received his MBE (member of the British Empire) in 2023 for contribution to the National Health Service in the United Kingdom.
The Senator of Finmine Muhammad Aurangzeb praised the appointment of Bilal and the crucial role that his vast expertise and innovative vision had to play in the position of Pakistan in the rapidly evolving digital economy.
“The appointment of Mr. Saqib underlines our commitment to adopt emerging technologies while guaranteeing a secure and transparent financial system. We are convinced that its leadership will guide the development of a solid and effective regulatory framework, promoting innovation and sustainable growth in the cryptographic sector of Pakistan,” he said.
Sharing its point of view on the digital future of Pakistan and its vision of Pakistan Crypto Council, Bilal stressed: “With almost 70% of the Pakistani population under the age of 30, we have a powerful basin of young people warned in technology ready to conduct innovation in the digital space.”
“By adopting an avant-garde approach to crypto and blockchain, we can attract significant foreign investments, create countless jobs and pave our young people to shape the economic future of Pakistan.”
“In 2021, we ranked third in the global adoption of cryptography, and we remain in the top 10 today. I believe that with good policies and determination, we can firmly place Pakistan on the map of global cryptography, unlocking the economic opportunities that this industry has to offer.”
The Council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts. He would oversee the development of policies and collaborate with countries to develop standardized executives.
In its new role, Bilal will direct the Council in the development of a solid political environment which balances regulatory compliance, consumer protection and innovation.
Bilal, a former student of the London School of Economics (LSE) with a master’s degree in social innovation and entrepreneurship, is also the founder of the Tayaba organization, a non -profit organization working to facilitate access to water in disadvantaged communities.
In 2021, the organization of Bilal became the first Pakistani NGO and one of the first on a global scale to collect funds via a fundraising NFT after having concluded a successful fundraising, raising Rs2 million rupees.
Thanks to this initiative, he also revolutionized fundraising by creating the very first non -budgetary tokens (NFT) linked to real humanitarian goods.