In a pivotal step toward strengthening regional cooperation in the digital economy, Malaysia’s Foreign Minister Mohamad Bin Haji Hasan met Bilal Bin Saqib, Chief Executive Officer (CEO) of the Pakistan Crypto Council (PCC), to explore collaborative opportunities in blockchain technology, digital assets, and shariah-compliant finance.
The meeting held on Monday focused on laying the groundwork for a Pakistan-Malaysia Digital Finance Partnership — a forward-looking initiative aimed at co-developing Financial Action Task Force (FATF)-compliant, shariah-aligned digital asset frameworks that can serve as a model for the broader Organisation of Islamic Cooperation (OIC).
“Malaysia’s leadership in Islamic finance and Pakistan’s momentum in crypto regulation form a natural alliance,” said Saqib. “Together, we have a historic opportunity to set global standards for ethical innovation in digital finance — from halal stablecoins and tokenised sukuks to compliant regulatory sandboxes and youth empowerment.”
The Pakistan Crypto Council is leading efforts to design a passportable crypto regulatory framework tailored to emerging markets — one that fosters innovation while ensuring full compliance with international standards.
During the meeting, both parties expressed strong alignment on key areas of cooperation, including:
• Regulatory coordination between financial authorities
• Cross-border talent development and Web3 education initiatives
This milestone engagement signals the beginning of a deeper economic and technological partnership between Pakistan and Malaysia — driven by a shared vision to build the future of finance through value-based innovation and strategic collaboration.
Notably, this meeting follows the recent announcement that Binance Founder Changpeng Zhao (CZ) has joined the PCC as a strategic advisor, reinforcing global confidence in Pakistan’s emerging leadership role in the digital asset space.
