Bitcoin Magazine

Pakistan's Crypto Revolution: 'Come Build Here' After Years of Ban

August 21, 2026•01:59 PM

Pakistan is making a dramatic policy shift, inviting foreign companies to 'come build here' after nearly a decade of total crypto prohibition. The Virtual Assets Act is now moving forward, marking a strategic pivot that positions Pakistan as an emerging destination for blockchain and cryptocurrency businesses. This policy reversal represents a significant opportunity for the global crypto ecosystem, offering a new developing market with clear regulations.

The Prime Minister's special assistant, Bilal Bin Saqib, announced the initiative via X platform, indicating the government is committed to creating a favorable environment for technological innovation while seeking to boost the nation's digital economy. This regulatory about-face could attract substantial foreign investment and position Pakistan as a new player in the global crypto landscape after years of regulatory isolation.

Bitcoin Magazine

Pakistan has announced a new regulatory framework for crypto after banning the asset class for close to a decade. Announcing the news in an X post Friday, Bilal Bin Saqib, the special assistant to the prime minister on blockchain and cryptocurrency, invited foreign businesses to come to the country and set up shop. Pakistan's Virtual [...] This post Pakistan's Crypto Pitch: "Come Build Here" as Virtual Assets Act Moves Forward first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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