Friday May 23, 2025

PCC CEO meets Field Marshal Asim Munir at GHQ

RAWALPINDI: In a high-level meeting at General Headquarters (GHQ), Pakistan’s Chief of Army Staff, Field Marshal Asim Munir, met Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC).

The two discussed the future of the country’s digital economy, with a core focus on empowering the youth through blockchain, cryptocurrency, and artificial intelligence.

The meeting underscored a growing national commitment to emerging technologies as a pathway for economic resilience and global relevance. Central to the discussion was the belief that Pakistan’s youth must be at the heart of this transformation.

“The Pakistan Crypto Council exists because our youth demand a seat at the global tech table,” said Saqib. “We are building for a generation that sees digital finance, decentralisation, and AI not as threats—but as opportunities to lead, innovate, and uplift the nation.”

Saqib shared key updates on PCC’s progress, including the visit of the delegation of World Liberty Financial and Founder of Binance, Changpeng Zhao, regulatory consultations, international collaboration, and youth-focused approach to create a digitally skilled and globally competitive generation. 

He outlined a forward-looking roadmap that aims to accelerate innovation and unlock widespread opportunity in Pakistan’s growing digital financial ecosystem.

In a key development aligned with these efforts, the Ministry of Finance on Wednesday unveiled a comprehensive strategy to regulate digital assets and accelerate the growth of Pakistan’s virtual asset economy. 

As part of this initiative, the government has endorsed the creation of a dedicated body — the Pakistan Digital Assets Authority (PDAA) — tasked with overseeing blockchain-based financial infrastructure, according to an official statement released by the Ministry.

Federal Finance Minister Muhammad Aurangzeb stated: “Pakistan stands at the threshold of a digital transformation. With the establishment of the Pakistan Digital Assets Authority (PDAA), we are committed to creating a secure, innovative, and inclusive ecosystem for virtual assets.” 

“Our vision is to position Pakistan as a regional leader in blockchain regulation, digital finance, and responsible innovation that empowers our youth and attracts global investment,” he added.

The PDAA is expected to regulate a $300 billion informal crypto market, facilitate the tokenisation of national assets and government debt, provide legal clarity to global and local investors, and enable monetisation of Pakistan’s surplus electricity through regulated Bitcoin mining. 

The post PCC CEO meets Field Marshal Asim Munir at GHQ appeared first on Karachi News.

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