Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib has said that Pakistan has become a center of attention in the world following a considerable progress in crypto regulation, it was reported on Saturday.
Delineating the country’s crypto vision in an interview at Abu Dhabi Bitcoin Conference, 2025, Bilal has said that Pakistan not only considers that bitcoins and digital assets are meant for investment purposes, but are also the basis of future’s monetary system.
He has said that a country, with youths making up 70 per cent of its 240 million population is not only dependent on conventional economy, but also on a new model of digital economy. “The aim of the government of Pakistan is not to make youths consumers but also digital creators and architects of a new economy,” he has added.
He has said that the government is introducing reforms to transform unorganized crypto market into a transparent and investor friendly as per international standards.
PVARA chairman has said that Pakistan has devised a three-pillar regulatory framework for crypto and digital assets. “Pilot projects such as license, mining and tokenization have been launched for important exchanges,” he has said, adding, “The country is expected to attract investment of billion of dollars through mining, tokenization and Web 3 development in the next few years.”
Bilal has informed that the country has over 20 gigawatts of surplus electricity, which could be turned into digital export through bitcoin mining and artificial intelligence (AI).
