Pakistan Advances ”Legal Framework for Crypto Assets” to Attract Foreign Investment

Pakistan is reportedly aiming to regulate crypto assets (virtual currencies) and become a leader in the blockchain finance field, thereby attracting international investment.
Bilal Bin Saqib, CEO of the Pakistan Cryptocurrency Association
"Pakistan will no longer sit by and watch," Saqib said in an interview with Bloomberg on the 20th. "We want regulatory clarity.
"We want to make Pakistan a leader in blockchain-based finance and attract international investment. Pakistan has 60% of its population.
"With 100% of the workforce being under 30, we have a Web3-based talent base that is ready to take this on."
Saqib was appointed cryptocurrency management advisor to the Pakistani minister of finance earlier this month.
Blockchain analytics firm Chainalysis ranked Pakistan ninth on its crypto adoption rankings last year, and Saqib said he expects up to 20 million crypto users in Pakistan.
He claimed that there was.