Bilal Bin Saqib, the Special Assistant to the Prime Minister on Crypto and Blockchain and CEO of the Pakistan Crypto Council, stated that Pakistan is moving forward in the crypto space, while India continues to lack traction.
According to reports, Bin Saqib said that Pakistan is not just experimenting with crypto — it is entering the domain with serious intent, and with government support, is in the process of establishing a “Strategic Bitcoin Reserve.”
He noted the timing of Pakistan’s initiative, saying: “Just three months after the U.S. created its own strategic reserve, Pakistan followed suit.”
In contrast, he criticized India’s slow pace, pointing out that while India has been promising a ‘Crypto Policy Paper’ for years, nothing substantial has materialized.
“Their latest promise is for June 2025, a deadline that keeps getting closer but never arrives. It’s almost poetic — sarcastically poetic,” he added.
Bilal Bin Saqib remarked that Pakistan, once seen as lagging in tech innovation, is now embracing change and aiming for global leadership in digital finance.
“We are going through a rebirth — a ‘newborn’ phase — ready to reshape our identity on the global stage.”
