Pakistan Appoints World Liberty Financial Advisor to Key Government Role on Crypto

The Pakistani government has appointed a special assistant of the Prime Minister on Blockchain and the Crypto currency, mirrored an American approach to state participation in the Digital Property sector, they state Local media reports on Monday

The newly created role of Dana is Bilalu bin Saqibu, who is also the chief advisor to the Minister of Finance and the Executive Director of the Pakistani Crypto Council.

Bachelor of London School of Economics, Bin Saqib was presented in Forbes’ 30 under 30 and received MBE from King Karl III for his work in social influence.

The meeting comes as Pakistan increases the efforts to position itself as a crypto economy.

This week’s government has announced plans for award 2,000 megawatts Electricity excess to Bitcoin mining as part of a wider plan for support from mining and AI data centers.

The initiative, guided by the Pakistani Krippto Council, aims to generate revenues, create high -tech jobs and attract foreign investments.

Former executive director of Binance Changpeng Zhao connected The Council as an Advisor in early April after withstanding a four -month prison sentence for violating the Law on Money Wash.

But as in the US, the Pakistani crypto hug caused concern. Moving is followed by a sudden drop in direct foreign investments, which is a 45% decline in February in February, according to the Pakistan English language today.

In January, Pakistan hired an American lobbyist to make it easier for meetings in Washington. During his visit, the country’s interior minister allegedly appealed to several US investments, according to Wall Street Journal.

Shortly thereafter, he began to establish connections with Trump’s crypto project with World Liberty Financial.

Kanta Saqib became The project advisor in April, shortly after the visit to Pakistan co -founder Zach Witkoff.

During the visit, Witkoff and his co -founders signed Memorandum on the Ministry of the Ministry, which opens the possibility of stabs Liberty to use in a country for trade and remittance. WLF is contacted for comment.

Wall Street Journal He also reported that Zhao “helped make it easier for some introduction to foreign World Liberty.” Zhao rejected The claims and the article called “another hit piece”.

Edited Sebastian Sinclair