Finance Minister Muhammad Aurangzeb met virtually with Michael Saylor, the founder of the Bitcoin company and MicroStrategy Executive Chairman.
The high-profile meeting focused on how to promote digital assets in Pakistan, drive financial autonomy, and define the nation’s crypto policy.
Also in attendance was Bilal Bin Saqib, Pakistan’s new Minister of State for Crypto and Blockchain. Optimistic about the digital future of Pakistan, Saqib stated, “If one person can create a $100 billion business in the United States, there is no reason why young Pakistanis cannot do the same.”
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The comments reflected increasing confidence in Pakistan’s youth and their potential in the digitally driven global economy.
Michael Saylor, who is well known as the pioneer of the cryptocurrency universe, was pleased to accept Pakistan’s inclusion in the digital economy. He revealed that MicroStrategy now has an impressive 582,000 bitcoins worth around $62 billion — an amount that stunned many in the Pakistani delegation.
Saylor presented his company’s experience to help facilitate Pakistan’s digital transformation and aid in its developing crypto environment.
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Finance Minister Aurangzeb underscored that Pakistan is determined to be at the forefront of the Global South in digital assets, referring to this transition as imperative in modernizing the national economy.
He said, “We are committed to using digital assets to introduce innovation, transparency, and global competitiveness to Pakistan’s financial system.” This meeting is being regarded as a major step towards putting together a broad crypto policy for Pakistan.
