A ladder for the masses: Pakistan’s Bilal Bin Saqib says crypto is a necessity, not a luxury

Regulation of digital assets is a great opportunity for emerging markets, said Pakistan’s crypto regulation lead. What to know : Pakistan boasts the third largest crypto market by retail activity, ahead of places like Germany and Japan. “We have over 100 million unbanked citizens, people who have no saving tools, no investment tools, no way to break out of their economic class," PVARA chairman Bilal Bin Saqib said. "Hence why crypto and blockchain are not a luxury for Pakistan. It’s a ladder for the masses.” On the planned BTC reserve or the national energy allocation, speed without structure can be dangerous, said Pakistan’s crypto regs czar.