Prime Minister Shehbaz Sharif has appointed Pakistan Crypto Council (PCC) Chief Executive Officer Bilal Bin Saqib as his special assistant on blockchain and cryptocurrency, with the status of a minister of state.

On February 25, the finance ministry had announced it was considering “establishing a National Crypto Council” to adopt emerging digital currencies in line with global trends. It later appointed Saqib as chief executive officer of the PPC.

According to a press release issued today, Saqib will now be responsible for developing a comprehensive, FATF-compliant regulatory framework for digital assets, launching Bitcoin mining initiatives, and overseeing blockchain........

© Dawn Business