RAWALPINDI: In a recent development, Bilal Bin Saqib has stepped down from his position as Special Assistant to the Prime Minister (SAPM) on Blockchain and Cryptocurrency after disagreements over his dual roles. It has been clarified that holding both the SAPM position and the chairmanship of the regulatory authority is incompatible under existing rules. A copy of Saqib’s resignation letter was obtained by
Appointed as the Prime Minister’s Special Assistant on Blockchain and Crypto with the status of Minister of State in May 2025, Saqib played a leading role in shaping Pakistan’s national blockchain strategy. He was also instrumental in establishing the regulatory authority for cryptocurrencies, of which he was serving as chairman.
The Pakistan Crypto Council, officially launched earlier this year, remains active as the main body advocating for crypto policy, fostering innovation, empowering youth, and engaging with international stakeholders on blockchain and digital assets.
Pakistan’s crypto landscape is notably vibrant, with over 50 million users and an annual trading volume surpassing $300 billion. The country ranks among the top five globally for crypto adoption, driven by grassroots enthusiasm. With a population of approximately 240 million, around 70% of Pakistanis are under 30, creating a demographic highly conducivae to digital finance growth.
Pakistan’s youthful and tech-savvy population makes it a promising emerging market for blockchain and fintech innovations. The country also ranks as the third-largest freelancer market worldwide, highlighting its dynamic digital workforce and entrepreneurial spirit.
Who is Bilal Bin Saqib?
Based in London, Bilal Bin Saqib is an entrepreneur and social innovator known for his contributions to digital transformation and social causes. His efforts have earned him recognition from high-profile figures such as King Charles III, the late Queen Elizabeth II, and the Mayor of London.
In 2023, Saqib was honored with an MBE (Member of the Order of the British Empire) for his humanitarian work during the COVID-19 crisis, notably leading the “One Million Meals” campaign, which provided over 100,000 meals to NHS workers and vulnerable populations across the UK.
He holds a Master’s degree in Social Innovation and Entrepreneurship from the London School of Economics (LSE). Saqib also received the Points of Light Award, presented by the British Prime Minister, in recognition of his exceptional community service.
Beyond his ventures in the fintech space, Saqib co-founded Tayaba, a social enterprise dedicated to tackling Pakistan’s water crisis. His innovative project, the H2O Wheel, aims to improve water transportation in rural areas to support underserved communities.
