{"id":272635,"date":"2025-03-20T13:46:57","date_gmt":"2025-03-20T13:46:57","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/03\/20\/pakistan-plans-to-legalise-bitcoin-and-crypto\/"},"modified":"2025-06-25T17:09:07","modified_gmt":"2025-06-25T17:09:07","slug":"pakistan-plans-to-legalise-bitcoin-and-crypto","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/03\/20\/pakistan-plans-to-legalise-bitcoin-and-crypto\/","title":{"rendered":"Pakistan Plans To Legalise Bitcoin And Crypto"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div data-td-block-uid=\"tdi_61\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/pakistan\">Pakistan<\/a> unveils plans to legalise bitcoin and crypto and implement a regulatory framework to attract foreign investment and boost adoption.<\/p>\n<p>Bilal Bin Saqib, CEO of the Pakistan Crypto Council, told\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-20\/pakistan-plans-to-legalize-crypto-in-bid-for-foreign-investment\" target=\"_blank\" rel=\"noopener\"><em>Bloomberg<\/em> on Thursday<\/a> that Pakistan has unveiled plans to legalise bitcoin and crypto and implement a regulatory framework to attract foreign investment and boost adoption.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>The government aims to devise clear regulations and align with international best practices. Pakistan\u2019s Finance Minister formed the PCC last week to steer the country\u2019s crypto strategy.<\/p>\n<p>\u201cPakistan is done sitting on the sidelines\u201d regarding bitcoin and crypto, Saqib told\u00a0<em>Bloomberg<\/em>. \u201cWe want to attract international investment because Pakistan is a low-cost, high-growth market with 60% of the population under 30.\u201d<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Spoke to Bloomberg this morning \ud83d\udc47\ud83c\udffb<\/p>\n<p>Our message is clear \u2013 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\u2026 <a href=\"https:\/\/t.co\/VwhGGh7QWg\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/VwhGGh7QWg<\/a><\/p>\n<p>\u2014 Bilal bin Saqib MBE (@Bilalbinsaqib) <a href=\"https:\/\/twitter.com\/Bilalbinsaqib\/status\/1902621833427554548?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">March 20, 2025<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n<p>\u201cTrump is making crypto a national priority, and every country, including Pakistan, will have to follow suit,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-20\/pakistan-plans-to-legalize-crypto-in-bid-for-foreign-investment\" target=\"_blank\" rel=\"noopener\">he said.<\/a><\/p>\n<p>This move comes amid a global shift in attitudes towards bitcoin and crypto after the United States pushed for greater mainstream acceptance. The new stance is a stark change for Pakistan, which had previously banned crypto. By embracing bitcoin and crypto early, Pakistan is looking to position itself as a regional leader and attract investors.<\/p>\n<p>Pakistan\u2019s central bank had expressed concerns earlier. However, the government now seeks to mitigate risks through prudent <a href=\"https:\/\/bitcoinmagazine.com\/legal\">legislation<\/a>. Clear rules could boost innovation and prevent potential abuse of decentralised networks.<\/p>\n<\/p><\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/news\/pakistan-plans-to-legalise-bitcoin-and-crypto\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Pakistan unveils plans to legalise bitcoin and crypto and implement a regulatory framework to attract foreign investment and boost adoption. Bilal Bin Saqib, CEO<\/p>\n","protected":false},"author":1,"featured_media":272636,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/272635"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=272635"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/272635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/272636"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=272635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=272635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=272635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}