He will hold the status of a Minister of State, signaling Pakistan’s commitment to embracing digital innovation.

In his new role, Saqib will spearhead the government’s strategy to develop FATF-compliant cryptocurrency regulations, encourage Bitcoin mining, and integrate blockchain technology into key sectors such as governance, finance, and land record management.

His portfolio also includes the licensing of virtual asset service providers, investor protection, and the promotion of Web3 technologies—all part of a broader push to establish Pakistan as a hub for digital transformation.

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With over 40 million cryptocurrency users and a robust pool of IT talent, Pakistan is positioning itself to emerge as a global leader in blockchain and digital finance. Saqib described the appointment as a “tremendous opportunity” to harness emerging technologies for sustainable economic growth.