Pakistan has taken a historic step by legalizing cryptocurrency, creating opportunities for investors and businesses.
A Step Towards a Digital Future
According to Bloomberg reports, the government plans to launch a legal framework for digital assets. Bilal bin Saqib, CEO of the Pakistan Crypto Council, believes this decision is a turning point. He mentioned in an interview that Pakistan is ready to embrace digital assets and attract international investors. With 60% of the population under 30, the country is a rapidly growing, low-cost market suitable for Web3 development.
Pakistan’s Growing Crypto Market
Before legalization, Pakistan was ranked ninth in the world for cryptocurrency usage. With backing from the Finance Ministry, State Bank, and IT leaders, major crypto exchanges and fintech startups will likely enter the market. Retail investors can now participate safely without fear of crackdowns.
What’s Next for Pakistan?
With clear regulations, Pakistan could become a major blockchain hub, competing with regions like Dubai and Singapore. New projects and opportunities are expected to emerge. The question now is who in Pakistan is ready to take the lead.
Pakistan embraces cryptocurrency, providing clear rules and paving the way to a safer and more stable market that can attract international attention.
