Pakistan Prime Minister Shehbaz Sharif has named Bilal Bin Saqib, the CEO of Pakistan Crypto Council, as his special assistant on blockchain and crypto. The move, announced on May 26, 2025, comes under Rule 4(6) of the Rules of Business, 1973.
Saqib will hold the status of minister of state, although he will receive no salary or official benefits. This step follows a broader push by the government to strengthen its role in the digital asset space.
Key Appointment Details
Bilal Bin Saqib’s appointment takes effect immediately. As special assistant, he will advise the prime minister on crypto policy, propose regulations, and help guide national projects.
Though given minister of state rank, Saqib will work without pay or perks. This arrangement highlights the government’s drive to involve industry experts in public service roles without expanding the payroll.
Government Push for Crypto
Just one day before Saqib’s appointment, Pakistani authorities set aside 2,000 megawatts of surplus electricity for Bitcoin mining and artificial intelligence centres. This allocation aims to attract investment and spur technological growth.
In late April, the Donald Trump–backed World Liberty Financial signed a Letter of Intent with the Pakistan Crypto Council to speed up digital asset adoption. These moves show that Pakistan sees crypto and blockchain as potential engines for economic revival.
Bilal Bin Saqib’s Credentials
Saqib graduated from the London School of Economics. He earned a spot on Forbes’ 30 Under 30 list and received an MBE from King Charles III for his social impact work.
His leadership at the Pakistan Crypto Council has already shaped national discussions on crypto policy. With his background, Saqib brings both local insight and global perspective to his new role.
Also Read: Pakistan Government Appoints Binance Co-Founder Changpeng Zhao As Strategic Advisor On Crypto
Challenges Ahead
Despite these initiatives, there are concerns. Foreign direct investment into Pakistan fell by 45% in February 2025 compared with the previous year. Critics worry that a rush into crypto without secure frameworks could expose investors and institutions to risk.
As special assistant, Saqib must draft regulations that meet Financial Action Task Force standards. He will also oversee state-backed Bitcoin mining projects and push for blockchain use in areas such as land records, finance, and governance.
Integration and Oversight
In his new capacity, Saqib will guide efforts to integrate blockchain technology into government systems. This could mean using distributed ledgers for land registries to reduce fraud or applying smart contracts to streamline public procurement.
He will coordinate with various ministries to ensure that crypto-related policies align with broader economic goals. By overseeing mining projects, Saqib aims to make use of Pakistan’s surplus electricity in a way that generates jobs and revenue.
Appointing Bilal Bin Saqib as special assistant on blockchain and crypto underscores Pakistan’s commitment to becoming more crypto-friendly.
The government has combined fresh initiatives, such as the electricity allocation and partnerships with international firms, with Saqib’s expertise.
Also Read: Pakistan Moves Toward Formal Crypto Regulation with Creation of Digital Asset Regulatory Authority