Pakistan blockchain chief meets US counterpart amid digital assets adoption push

State Minister for Crypto and Blockchain, Bilal Bin Saqib (right) photographed with Trump Council’s Executive Director Bo Hines at White House, Washington DC, US, on June 4, 2025. (@cryptocouncilpk/X)
Short Url
Updated 04 June 2025
Follow

Pakistan blockchain chief meets US counterpart amid digital assets adoption push

  • Bilal Bin Saqib meets the director of Trump’s Council of Advisers for Digital Assets in Washington
  • He says Pakistan is building a real framework for digital asset adoption and economic modernization

KARACHI: Pakistan’s top blockchain policymaker on Wednesday expressed the country’s ambition to become the Global South’s leader in digital assets during a meeting with his American counterpart at the White House in Washington.

Bilal Bin Saqib, Pakistan’s Minister of State for Crypto & Blockchain and CEO of the Pakistan Crypto Council, met with Robert ‘Bo’ Hines, Executive Director of the US President’s Council of Advisers for Digital Assets. The meeting marked a deepening of bilateral engagement on cryptocurrency strategy and blockchain integration between the two countries.

In March, the administration in Islamabad established the Pakistan Crypto Council to help guide national policy on blockchain, digital currencies and crypto-related investments. This was followed by the government’s announcement of a Strategic Bitcoin Reserve (SBR) at the Bitcoin 2025 Conference in Las Vegas, making Pakistan one of the first Asian countries to integrate Bitcoin into its sovereign asset strategy.

The government also plans to establish an autonomous regulatory body to oversee the country’s digital finance and crypto ecosystem.

“I envision Pakistan to be a leader in the Global South for digital assets,” Saqib said according to a statement circulated after the meeting. “From launching our Strategic Bitcoin Reserve to unlocking national infrastructure for crypto mining and AI data zones, Pakistan is building a real framework for digital asset adoption and economic modernization.”

During the meeting, both officials discussed aligning national strategies on decentralized technologies, fostering regulatory coherence and building innovation ecosystems to promote youth engagement and financial inclusion.

Bo Hines, appointed in January by President Donald Trump, heads US policy development on digital assets and works alongside Council Chair David Sacks to position the United States as a global leader in the sector.

Saqib also held a separate meeting with officials from the White House Counsel’s Office to discuss legal frameworks around blockchain governance.

Pakistan’s broader digital asset strategy includes allocating 2,000 megawatts of surplus power to support Bitcoin mining and AI-driven data zones, aiming to turn untapped energy into economic productivity, job creation and digital infrastructure growth.

As regulatory frameworks continue to evolve globally, Pakistan says it is taking proactive steps to integrate private sector innovation with state policy and international partnerships, positioning itself as a key player in the next phase of the global digital economy.
 


Pakistan’s PIA to resume London flights from Mar. 29 after six-year gap

Updated 30 December 2025
Follow

Pakistan’s PIA to resume London flights from Mar. 29 after six-year gap

  • Newly privatized airline says will operate four weekly flights from Islamabad to London
  • PIA is already operating three fllights per week to British city Manchester, says airline

ISLAMABAD: The newly privatized Pakistan International Airlines (PIA) will operate direct flights to London starting Mar. 29, 2026, after six years, its spokesperson confirmed on Tuesday. 

The PIA resumed its flight operations to the UK in October this year with its inaugural flight to Manchester. The airline is currently operating three weekly flights to the British city. 

Britain lifted restrictions on Pakistani carriers in July, nearly half a decade after grounding them following a 2020 PIA Airbus A320 crash in Karachi that killed 97 people. The disaster was followed by claims of irregularities in pilot licensing, which led to bans in the US, UK and the European Union. 

“Pakistan International Airlines has announced the expansion of its operations in the United Kingdom with the resumption of flights to London,” the airline’s spokesperson said in a statement. 

“Starting Mar. 29, PIA will operate four weekly flights from Islamabad to London.”

The airline said that the London flights will be operated from Heathrow Airport’s Terminal 4, which it said is recognized as one of its most modern terminals. 

“London was PIA’s very first international destination and remains one of its most important and attractive routes,” the spokesperson said. 

Pakistan’s government succeeded in its frequent efforts to privatize the airline this month after a consortium, led by Arif Habib Group, on Dec. 23 secured a 75 percent stake in PIA for Rs135 billion ($482 million) after several rounds of bidding, valuing the airline at Rs180 billion ($643 million).

The sale marked Pakistan’s most aggressive attempt in decades to reform the debt-ridden national airline, which had accumulated more than $2.8 billion in financial losses. The government said it would end decades of state-funded bailouts and help revive the airline.

In an exclusive interview with Arab News this week, the airline’s new owner Arif Habib said he plans to renovate PIA planes, improve maintenance and flight schedule, and bring in new aircraft to revive the carrier.

Habib said he sees the region comprising the UK, the US and Canada as a “lucrative market” for the airline’s business. 

“There we can increase the frequency of the flight,” he said. “We will also try to run flights to Canada from Karachi, Lahore, and I think it’s already in Islamabad.”