Pakistan Appoints World Liberty Financial Advisor to Key Government Role on Crypto

The Pakistani government has appointed a special assistant to the Prime Minister about Blockchain and Cryptocurrency, in which the American approach to the State’s involvement in the digital assets sector is reflected, according to Local media reports on Monday

The newly created role has been given to Bilal bin Saqib, who is also the main advisor of the Minister of Finance and the CEO of the Pakistan Crypto Council.

Bin Saqib graduated from the London School of Economics and could be seen in Forbes ’30 Under 30 and received a MBE from King Charles III for his work in social impact.

The appointment comes as Pakistan increases efforts to position itself as a crypto-friendly economy.

This week the government announced plans to allocate 2,000 megawatts From surplus electricity to bitcoin -mining as part of a broader plan to support mining and AI data centers.

The initiative, driven by the Pakistan Crypto Council, is aimed at generating income, creating high -tech jobs and attracting foreign investments.

Former Binance CEO Changpeng Zhao merged The council as an adviser at the beginning of April after a prison sentence of four months in the American prison sentence for violating anti-money laundering laws.

But as in the US, the crypto -Omhelzing of Pakistan has expressed their concern. The pressure follows a sharp fall in direct foreign investments, 45% in February compared to a year earlier, according to the English -language outlet Pakistan today.

In January, Pakistan hired an American lobbyist to facilitate meetings in Washington. During a visit, the Minister of the Interior of the country reportedly appealed for more American investments, according to The Wall Street Journal.

Shortly thereafter, the tires began to forge with Trump-linked crypto project World Liberty Financial.

Bin Saqib have become A consultant to the project in April, shortly after a visit to Pakistan by co-founder Zach Witkoff.

During the visit, Witkoff and his co-founders signed A mou with the ministry that opens the possibility that the Stablecoin of World Liberty in the country will be used for trade and transfers. WLF is contacted for comment.

The Wall Street Journal Also reported that Zhao “some introductions for the foreign journeys of World Liberty helped facilitate.” Zhao refused The claims and called the article ‘another hit’.

Edited by Sebastian Sinclair