MARKETS DAILY: Crypto Update | Pakistan Joins Crypto Race With Bitcoin Strategy
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 26 March 2025
⏱️ 19 minutes
🧾️ Download transcript
Summary
The latest price moves and insights with Jennifer Sanasie and Bilal Bin Saqib, Chief Adviser to Pakistan’s Finance Minister and CEO of the Pakistan Crypto Council.
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Bilal Bin Saqib, Chief Adviser to Pakistan’s Finance Minister and CEO of the Pakistan Crypto Council, joins CoinDesk to discuss the country's evolving stance on digital asset innovation. Plus, Pakistan's advantage in the age of crypto with its young, digitally savvy population and surplus energy, which are being leveraged to attract bitcoin miners and AI data centers.
This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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Transcript
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| 0:00.0 | Every major technological shift looked risky in early days, from the internet to mobile phones. |
| 0:06.9 | But those who stayed serious, kept learning, and started building, they end up taking the most |
| 0:14.5 | advantage of this. |
| 0:23.9 | Friends, Defy is having a moment. |
| 0:27.6 | Uniswap Labs, web app, and wallet connect you to the excitement. |
| 0:32.4 | Swapping and bridging our simple, low cost, and lightning fast across 13 chains, |
| 0:37.2 | including base, Arbitrum, and Unichain, the new Layer 2 network designed for Defi. Thanks to deep liquidity on Uniswap |
| 0:39.1 | protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswop v4. |
| 0:46.5 | Swap, send, on-ramp, off-ramp, and bridge into a bright future. Get started at uniswop.org. |
| 0:52.6 | Pakistan has created a crypto council to begin exploring digital asset innovation in the country. |
| 0:57.8 | While they launch a Bitcoin Strategic Reserve, and how are they planning to use excess energy to attract Bitcoin miners? |
| 1:04.5 | Joining the show now is the newly appointed CEO of Pakistan's Crypto Council, Bilal bin Sikib. |
| 1:10.2 | Bilal, welcome to Markets Daily. |
| 1:12.3 | Hi. Thank you. |
| 1:13.6 | Belal, let's just lay a foundation here. |
| 1:15.6 | We're going to talk about crypto developments in Pakistan. |
| 1:18.1 | But, you know, Pakistan really hasn't had a very friendly approach or friendly stance to crypto. |
| 1:23.7 | And that changed at the end of last year. |
| 1:26.1 | Talk to me about what's changed within the country that led to this more friendly stance |
| 1:32.8 | when it comes to crypto. |
| 1:34.2 | I think the idea came from a simple realization that innovation is happening. |
| 1:42.0 | And, you know, you can't stop it. |
... |
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