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Pakistan and the United States have transcended traditional trade diplomacy and are now creating partnerships in the digital finance arena. On July 31, Bilal Bin Saqib Minister of State for Crypto and Blockchain and CEO of Pakistan Crypto Council met Robert “Bo” Hines, Executive Director of President Trump’s Council of Advisers on Digital Assets. The meeting followed the publication of the U.S. Digital Asset Framework and involved coordinating global regulatory strategies while positioning Pakistan as a Web3 innovation hub emerging in South Asia.
This is the follow-up on an ongoing series of high-level interactions Bilal Bin Saqib had conducted during a Washington visit in June. He met with high-profile individuals Senator Cynthia Lummis, Tim Sheehy, and Rick Scott, and New York City Mayor Eric Adams. These high-level interactions with Hines, as well as others, demonstrate Pakistan’s interest in collaborating with the U.S. and high-profile municipal leadership on regulatory convergence, financial inclusion, and youth-focused blockchain ecosystems.
The timing of the talks is particularly noteworthy, after the U.S.-Pakistan free trade deal with reduced tariffs and a new pact to access Pakistan’s oil reserves. Here, Pakistan is redefining its relationship with the U.S. not just economically but even in the field of digital policy. The two nations are now considering how they can co-design legislative frameworks for cryptocurrencies, taking their cooperation to strategic partnership in regulating digital assets.
Read more: Pakistan to Receive First US Oil Shipment in October
