Tuesday, 30 June 2026, 12:01:00 pm


 
Bilal urges industrialists to deepen their investment in Pakistan
April 30, 2026

Chairman Pakistan Virtual Assets Regulatory Authority and Minister of State Bilal Bin Saqib has urged industry representatives to deepen their investment in Pakistan across artificial intelligence, robotics, and blockchain.

He was speaking at a briefing in Islamabad today.

Founders, Chief Executives, Technologists, and Financial Innovators from Pakistan's Digital assets Sector attended the briefing.

The Chairman said Pakistan receives 38.3 billion dollars in remittances every year and has over 100 million adults outside the formal financial system. He said virtual assets are not a peripheral technology story as they are infrastructure. He said PVARA intends to be a working partner to the industry, not a distant regulator.

Bilal Bin Saqib further announced to establish a formal industry consultative group under PVARA. The group will bring together leading practitioners to work alongside the Authority on the development of Pakistan's virtual asset regulatory framework.

Pakistan's digital assets market is moving into a new era, with a credible regulator, a clear legal framework, and an industry that is ready to build.