Bilal Bin Saqib, the CEO of Pakistan Crypto Council, met with President Nayib Bukele of El Salvador, a country known for becoming the first in the world to adopt Bitcoin as legal tender.
The visit is being seen as a historic moment. It marks the start of cooperation between Pakistan and El Salvador on cryptocurrency. Both sides agreed to work together on Bitcoin adoption, financial education, and policy clarity.
According to officials, the meeting also focused on how developing countries like Pakistan can benefit from blockchain technology. El Salvador shared its experience with legal crypto frameworks and how it is training people to use digital finance tools.
Bilal Bin Saqib said Pakistan needs to take bold steps to stay ahead in the digital economy. His council has been pushing for stronger crypto regulation and public education on digital assets.
This is the first high level crypto exchange between Pakistan and El Salvador. Experts say it could shape future crypto policies in Pakistan and open doors for investment and innovation.
No formal agreement has been signed yet, but follow-up meetings are expected in the coming weeks.
Pakistan eyes crypto reforms under Bilal Bin Saqib’s leadership
Pakistan is taking steps toward legalising cryptocurrency as part of its broader push to modernise the financial sector and attract digital investments.
The government, in collaboration with private sector leaders like the Pakistan Crypto Council, is exploring regulatory frameworks to ensure safe and transparent use of digital assets. Legalisation could open doors for fintech innovation, cross border trade, and youth employment opportunities.
However, challenges remain, including concerns over money laundering and volatility. The push for legalisation reflects a growing recognition of cryptocurrency’s potential to transform Pakistan’s economy, especially if backed by strong oversight, public education, and international cooperation.
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