The Prime Minister of Pakistan appoints a special assistant on blockchain and cryptocurrency

ChainCatcher news, according to Cointelegraph, Pakistan's Prime Minister Sharif has appointed Bilal bin Saqib, CEO of the Pakistan Crypto Committee, as Special Assistant for Blockchain and Crypto Affairs, effective immediately. Saqib will serve at the ministerial level but will not receive a salary or official benefits.

This move is part of a series of initiatives by Pakistan to promote the development of digital assets. Previously, the country allocated 2000 megawatts of surplus electricity specifically for Bitcoin mining and AI centers, and supported the establishment of the Pakistan Digital Assets Authority (PDAA).

As Special Assistant, Saqib will be responsible for drafting crypto regulations that comply with FATF standards, launching a state-supported Bitcoin mining project, and promoting the application of blockchain technology in government affairs, land records, and the financial sector.