While most countries are still figuring out what to do about crypto, Pakistan and Kyrgyzstan have decided to just go for it. The two nations held a high-level virtual meeting in August 2025, where they basically said, “Let’s do this crypto thing together.” No hesitation. No endless committees. Just action.
Pakistan sent Bilal Bin Saqib, their Minister of State for Crypto and Blockchain, while Kyrgyzstan was represented by Farkhat Aminov from their National Investment Agency. They agreed to share tech knowledge, align their regulatory rules, and launch joint blockchain projects. Pakistan even proposed a formal MoU to seal the deal. The joint initiative will leverage immutable ledger technology to ensure transparent cross-border transactions.
The Pakistanis aren’t playing around. They’ve already set up the Pakistan Crypto Council with Bin Saqib as CEO and Finance Minister Muhammad Aurangzeb as chairman. Their Virtual Assets Ordinance established an independent regulator in 2025. Pretty quick for government work, honestly.
Pakistan means business with their Crypto Council. Bin Saqib as CEO, Finance Minister Aurangzeb as chairman—they’re building the foundation fast.
Both countries are focusing on making cross-border digital payments easier and using blockchain for public services. Kyrgyzstan’s already made progress with digital assets that Pakistan apparently finds impressive. They’re working on compliance checklists, wallet guidelines, and investor protections. Boring but necessary stuff.
The partnership aims to connect South and Central Asia through digital finance. Pakistan clearly wants to be the big shot in regional Web3 innovation. They’re betting this collaboration will create jobs, boost investment, and expand digital trade. Ambitious, sure. Realistic? We’ll see.
Bin Saqib hasn’t limited himself to this partnership. He’s been chatting with US officials and even El Salvador’s President about Bitcoin legalization experiences. The guy gets around. Pakistan wants to be a compliant crypto hub for the region, which sounds better than being non-compliant, obviously.
While other countries debate endlessly about crypto regulations, these two are already shaking hands. Sometimes the best strategy is just to move forward while everyone else is still arguing about which direction to take. The governments aim to increase their bilateral trade volume to $100 million annually through these improved digital connections. The two nations are also actively exploring ways to enhance regional connectivity through improved logistics systems and transportation infrastructure.
