According to Bilal Bin Saqib, Pakistan's Minister of State for Cryptocurrency and Blockchain Affairs, Pakistan's demographics make it a major catalyst for the popularity of bitcoin, which is expected to allow the country to "leapfrog development" beyond developed countries.
"Global policy has shifted, not just in Pakistan but around the world," Bin Saqib said in an interview. The Pakistani government began regulating cryptocurrencies in November 2024.
The country has 40 million crypto wallets and is one of the "top five" countries for cryptocurrency adoption, which the minister attributed to Pakistan's young demographics.
Pakis Minister of State for Blockchain Affairs: Demographics Will Drive Bitcoin Adoption in Pakistan to Achieve "Leapfrog Development"
2025-07-26 17:41:34
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