Pakistan's Minister of State for Blockchain Affairs: Population Structure Will Drive Pakistan's Bitcoin Popularization to Achieve 'Leapfrog Development'

According to Bilal Bin Saqib, the Minister of State for Cryptocurrency and Blockchain Affairs of Pakistan, the country's population structure has made it a major catalyst for the popularization of Bitcoin, which is expected to enable the country to "leapfrog development" beyond developed countries. Bin Saqib stated in an interview that "global policies have undergone a shift, not just in Pakistan, but around the world." The Pakistani government began regulating cryptocurrencies in November 2024. The country has 40 million cryptocurrency wallets and is one of the top five countries in terms of cryptocurrency adoption, which the minister attributed to Pakistan's young population structure.