Pakistani Minister of State for Blockchain Affairs: Demographic structure will promote the popularization of Bitcoin in Pakistan to achieve "leapfrog development"
According to online reports, according to Bilal Bin Saqib, Minister of State for Cryptocurrency and Blockchain Affairs of Pakistan, Pakistan's demographic structure makes it the main catalyst for the popularization of Bitcoin, which is expected to allow the country to "leapfrog" beyond developed countries. "Global policy has shifted, not just in Pakistan, but around the world," Bin Saqib said in an interview. The Pakistan government began regulating cryptocurrencies in November 2024. With 40 million crypto wallets, the country is among the "top five" countries with cryptocurrency adoption rates, which the minister attributed to Pakistan's young population.
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