Pakistan eyes crypto legal framework to spur foreign investors

Pakistan is planning to create a legal framework for crypto to try to lure international investors to the Central Asian country.
“Pakistan is done sitting on the sidelines; we want to have regulatory clarity; we need to have a legal framework that is pro-business,” Pakistan Crypto Council CEO Bilal Bin Saqib told Bloomberg on March 20.
“We want Pakistan as the leader in blockchain-powered finance, and we want to attract international investment,” he added. “Sixty percent of the population is under 30 [years old], we have a Web3-native workforce ready to build.”
Earlier this month, Saqib was named chief adviser to Pakistan’s finance minister for the management of cryptocurrencies.
Blockchain analytics firm Chainalysis ranked Pakistan ninth for crypto adoption last year, and Saqib claimed there were up to 20 million Pakistani crypto users.
Related: Web3 devs, gamers, investors thrive despite India’s crypto policy hurdles
He called US President Donald Trump “the biggest bullish catalyst for crypto in history.” Trump has moved to create a Bitcoin reserve and crypto stockpile using digital assets forfeited to the government.
“Trump is making crypto a national priority, and every country, including Pakistan, will have to follow suit or will be at the risk of being left behind,” Saqib said.
Saqib was appointed as CEO of the Pakistan Crypto Council on March 14 by the Finance division of the current Pakistan government. “This is just the beginning, Pakistan is open for business,“ he said at the time.
According to Saqib, developing nations such as Pakistan and Nigeria have a lot to benefit from blockchain and crypto adoption. He said:
“By leveraging blockchain for remittances and trade, both nations can reduce reliance on traditional banking, lower 5-9% fees, and create seamless cross-border payment networks. “
Magazine: How crypto laws are changing across the world in 2025
Bitcoin (BTC) $ 117,507.00
Ethereum (ETH) $ 3,720.40
XRP (XRP) $ 3.14
Tether (USDT) $ 1.00
BNB (BNB) $ 784.56
Solana (SOL) $ 185.94
USDC (USDC) $ 0.999856
Dogecoin (DOGE) $ 0.236410
Lido Staked Ether (STETH) $ 3,717.88
TRON (TRX) $ 0.316694
Cardano (ADA) $ 0.814034
Wrapped Bitcoin (WBTC) $ 117,395.00
Hyperliquid (HYPE) $ 44.15
Wrapped stETH (WSTETH) $ 4,486.77
Sui (SUI) $ 3.95
Stellar (XLM) $ 0.431384
Chainlink (LINK) $ 18.28
Wrapped Beacon ETH (WBETH) $ 3,999.28
Bitcoin Cash (BCH) $ 556.19
Hedera (HBAR) $ 0.258777
Wrapped eETH (WEETH) $ 3,989.10
Avalanche (AVAX) $ 23.97
Litecoin (LTC) $ 113.59
Shiba Inu (SHIB) $ 0.000014
LEO Token (LEO) $ 8.98
WETH (WETH) $ 3,724.74
Toncoin (TON) $ 3.19
USDS (USDS) $ 0.999876
Ethena USDe (USDE) $ 1.00
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999843
WhiteBIT Coin (WBT) $ 43.93
Uniswap (UNI) $ 10.41
Polkadot (DOT) $ 4.09
Coinbase Wrapped BTC (CBBTC) $ 117,563.00
Monero (XMR) $ 321.75
Pepe (PEPE) $ 0.000013
Bitget Token (BGB) $ 4.56
Aave (AAVE) $ 294.33
Cronos (CRO) $ 0.132321
Ethena Staked USDe (SUSDE) $ 1.19
Bittensor (TAO) $ 425.69
Ethena (ENA) $ 0.607367
Dai (DAI) $ 0.999581
NEAR Protocol (NEAR) $ 2.86
Ethereum Classic (ETC) $ 22.67
Pi Network (PI) $ 0.442454
Ondo (ONDO) $ 1.04
Aptos (APT) $ 4.75
Internet Computer (ICP) $ 5.62
Jito Staked SOL (JITOSOL) $ 226.81
OKB (OKB) $ 48.01
Bonk (BONK) $ 0.000035
Kaspa (KAS) $ 0.100458
Mantle (MNT) $ 0.766407
Pudgy Penguins (PENGU) $ 0.038868
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Algorand (ALGO) $ 0.266409
Arbitrum (ARB) $ 0.443001
Binance-Peg WETH (WETH) $ 3,722.52
VeChain (VET) $ 0.025703
USD1 (USD1) $ 1.00
Render (RENDER) $ 4.20
Cosmos Hub (ATOM) $ 4.71
POL (ex-MATIC) (POL) $ 0.233169
Gate (GT) $ 17.60
Worldcoin (WLD) $ 1.17
Official Trump (TRUMP) $ 10.10
Sky (SKY) $ 0.092211
Fasttoken (FTN) $ 4.53
Sei (SEI) $ 0.333336
Artificial Superintelligence Alliance (FET) $ 0.739524
Binance Staked SOL (BNSOL) $ 198.14
Filecoin (FIL) $ 2.65
SPX6900 (SPX) $ 1.93
Rocket Pool ETH (RETH) $ 4,241.15
Lombard Staked BTC (LBTC) $ 117,320.00
Kelp DAO Restaked ETH (RSETH) $ 3,901.98
sUSDS (SUSDS) $ 1.06
Jupiter (JUP) $ 0.550606
Story (IP) $ 5.48
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.08
Flare (FLR) $ 0.022368
KuCoin (KCS) $ 12.01
USDtb (USDTB) $ 0.999637
Curve DAO (CRV) $ 1.04
Celestia (TIA) $ 1.95
StakeWise Staked ETH (OSETH) $ 3,916.29
XDC Network (XDC) $ 0.086529
Mantle Staked Ether (METH) $ 3,982.54
Injective (INJ) $ 13.98
USDT0 (USDT0) $ 1.00
First Digital USD (FDUSD) $ 0.998187
Fartcoin (FARTCOIN) $ 1.36
Liquid Staked ETH (LSETH) $ 4,024.29
NEXO (NEXO) $ 1.31
Stacks (STX) $ 0.808324
Optimism (OP) $ 0.718427
FLOKI (FLOKI) $ 0.000130
Renzo Restaked ETH (EZETH) $ 3,919.54
Polygon Bridged USDT (Polygon) (USDT) $ 0.999982