BitalkNews|Jan 14, 2026 03:29
Pakistan Cryptocurrency Council CEO Bilal Bin Saqib: Stablecoins are not a risk but a national-level remittance infrastructure
Bilal Bin Saqib stated that in the context of over $36 billion in annual remittances, Bitcoin can connect overseas, reduce high fees and delays, and serve as a smarter way to transfer money.
Through regulated stablecoin channels, remittances can be transparently settled on-chain within minutes, reducing fraud and capital loss, while enabling central banks to monitor cross-border capital flows in real time.
He emphasized that Pakistan should take a "Pakistan-first" approach, exploring stablecoins and CBDCs tailored to the country's needs without compromising sovereignty, foreign exchange controls, or compliance.
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