Bilal bin Saqib to lead Pakistan’s blockchain, cryptocurrency transformation as PM’s aide

Bilal bin Saqib, Chief Advisor to the Finance Minister for the Pakistan Crypto Council, poses during an interview with Reuters, in Islamabad, Pakistan April 9, 2025. (Reuters/File)
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Updated 26 May 2025
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Bilal bin Saqib to lead Pakistan’s blockchain, cryptocurrency transformation as PM’s aide

  • The move positions Pakistan among a handful of nations with a dedicated blockchain and cryptocurrency leadership
  • It comes a day after Pakistan said it was allocating 2,000MWs to bitcoin mining and Artificial Intelligence data centers

ISLAMABAD: Prime Minister Shehbaz Sharif has appointed Bilal bin Saqib as his special assistant on blockchain and cryptocurrency, Sharif’s office announced on Monday, as Islamabad eyes a shift to digital economy.

The move positions Pakistan among a handful of nations, including the United States, the United Arab Emirates and El Salvador, which have dedicated blockchain and cryptocurrency leadership.

It signals Islamabad’s intent to transform the country into a global leader in digital innovation through encouragement of crypto mining and other similar measures.

“The prime minister... has been pleased to appoint Mr. Bilal bin Saquib as Special Assistant to the Prime Minister on Blockchain and Crypto with the status of Minister of State, with immediate effect,” Sharif office said in a notification on Monday.

The appointment of Saquib, who also serves as the chief executive officer of the Pakistan Crypto Council (PCC) and chief adviser to Finance Minister Muhammad Aurangzeb, comes a day after Pakistan allocated 2,000 megawatts (MW) of electricity to power bitcoin mining and Artificial Intelligence (AI) data centers in the first phase of a national initiative.

The initiative is spearheaded by the PCC as part of a broader strategy to monetize surplus electricity, create high-tech jobs, attract billions of dollars in foreign direct investment.

Pakistan’s combination of surplus power, geographic advantage, advanced subsea cable connectivity, renewable energy potential, and a large, digitally engaged population creates a compelling case for becoming a regional epicenter of Web3, AI, and digital innovation.

“This strategic allocation marks a pivotal moment in Pakistan’s digital transformation journey, unlocking economic potential by turning excess energy into innovation, investment, and international revenue,” Finance Minister Muhammad Aurangzeb said on Sunday.

Saquib emphasized the transformative nature of the initiative and said Pakistan could become a global crypto and AI powerhouse with proper regulation, transparency, and international collaboration.

“This energy-backed digital transformation not only unlocks high-value investment but enables the government to generate foreign exchange in USD through bitcoin mining,” he said on Sunday.

Pakistan introduced in April its first-ever policy framework to regulate virtual assets and service providers, aligning with compliance and financial integrity guidelines of the global Financial Action Task Force (FATF). The move followed the establishment of the PCC in March to create a legal framework for cryptocurrency trading in a bid to lure international investment.

Establishing local AI data centers will not only address growing concerns around data sovereignty but will also enhance cybersecurity, improve digital service delivery, and empower national capabilities in AI and cloud infrastructure. These centers are expected to create thousands of direct and indirect jobs, catalyzing the development of a skilled workforce in engineering, IT, and data sciences.


Pakistan opposition rallies in Khyber Pakhtunkhwa to demand release of Imran Khan

Updated 07 December 2025
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Pakistan opposition rallies in Khyber Pakhtunkhwa to demand release of Imran Khan

  • PTI-led gathering calls the former PM a national hero and demands the release of all political prisoners
  • Government says the opposition failed to draw a large crowd and accuses PTI of damaging its own politics

ISLAMABAD: Pakistan’s opposition led by the Pakistan Tehreek-e-Insaf (PTI) party demanded the release of jailed former prime minister Imran Khan at a rally in the northwestern Khyber Pakhtunkhwa province on Sunday, describing him as a national hero who continues to command public support.

The gathering came days after a rare and strongly worded briefing by the military’s media chief, Lt. Gen. Ahmed Sharif Chaudhry, who dismissed Khan as “narcissistic” and “mentally ill” on Friday while responding to the former premier’s allegations that Pakistan’s chief of defense forces was responsible for undermining the constitution and rule of law.

He said that Khan was promoting an anti-state narrative which had become a national security threat.

The participants of the rally called for “civilian supremacy” and said elected representatives should be treated with respect.

“We, the people of Pakistan, regard Imran Khan as a national hero and the country’s genuinely elected prime minister, chosen by the public in the February 8, 2024 vote,” said a resolution presented at the rally in Peshawar. “We categorically reject and strongly condemn the notion that he or his colleagues pose any kind of threat to national security.”

“We demand immediate justice for Imran Khan, Bushra Bibi and all political prisoners, and call for their prompt release,” it added, referring to Khan’s wife who is also in prison. “No restrictions should be placed on Imran Khan’s meetings with his family, lawyers or political associates.”

Addressing the gathering, Sohail Afridi, the chief minister of Khyber Pakhtunkhwa, denied his administration was not serious about security issues amid increased militant activity. However, he maintained the people of his province had endured the worst of Pakistan’s conflict with militancy and urged a rethinking of long-running security policies.

The resolution asked the federal government to restore bilateral trade and diplomatic channels with Afghanistan, saying improved cross-border ties were essential for the economic stability of the region.

The trade between the two neighbors has suffered as Pakistan accuses the Taliban administration in Kabul of sheltering and facilitating armed groups that it says launch cross-border attacks to target its civilians and security forces. Afghan officials deny the claim.

The two countries have also had deadly border clashes in recent months that have killed dozens of people on both sides.

Some participants of the rally emphasized the restoration of democratic freedoms, judicial independence and space for political reconciliation, calling them necessary to stabilize the country after years of political confrontation.

Reacting to the opposition rally, Information Minister Attaullah Tarrar said the PTI and its allies could not gather enough people.

“In trying to build an anti-army narrative, they have ruined their own politics,” he said, adding that the rally’s reaction to the military’s media chief’s statement reflected “how deeply it had stung.”

“There was neither any argument nor any real response,” he added, referring to what was said by the participants of the rally.