In a pivotal step toward strengthening regional cooperation in the digital economy, Malaysian Foreign Minister Mohamad bin Haji Hasan has met Pakistan Crypto Council (PCC) CEO Bilal bin Saqib to explore collaborative opportunities in blockchain technology, digital assets, and Shariah-compliant finance.
The meeting primarily focused on laying the groundwork for a Pakistan-Malaysia Digital Finance Partnership, a forward-looking initiative aimed at jointly developing a FATF-compliant, Shariah-aligned digital asset frameworks that can serve as a model for the Organization 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 tokenized sukuks to compliant regulatory sandboxes and youth empowerment,” he added.
The meeting underscores the PCC’s efforts to design a crypto regulatory framework tailored to emerging markets that fosters innovation while ensuring full compliance with international standards.
Both parties expressed strong alignment on key areas of cooperation, including regulatory coordination between financial authorities and cross-border talent development and Web3 education initiatives
The meeting 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 values-based innovation and strategic collaboration. It follows the recent induction of Binance Founder Changpeng Zhao as the PCC’s strategic adviser, reinforcing global confidence in Pakistan’s emerging leadership role in the digital asset space.