Crypto council chief meets US senator behind stablecoin legislation
Meeting comes as Pakistan continues to explore digital solutions to improve its financial ecosystem
KARACHI: CEO of the Pakistan Crypto Council (PCC) Bilal Bin Saqib met with US Senator Bill Hagerty in New York, US, according to a post by the PCC’s official Instagram channel on Saturday.
Senator Hagerty is the lead sponsor of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which is aimed at creating a comprehensive regulatory framework for payment stablecoins. The bill, which was passed by the Senate on Monday, seeks to provide legal clarity while encouraging responsible development within the digital finance space.
The meeting comes as Pakistan continues to explore digital solutions to improve its financial ecosystem. In an interview with Geo.tv on Friday, Saqib had said that with annual remittances exceeding $36 billion, Pakistan is viewed as a key market where stablecoin technology could support faster, more affordable cross-border payments and broaden financial inclusion.
Saqib is in the US for his participation in the Bitcoin 2025 Conference in Las Vegas, where he is set to speak alongside a roster of influential figures including US Vice President JD Vance and Donald Trump Jr. The event is expected to shape future narratives on global crypto governance.
-
Caitlyn Jenner Finally Reacts To Kylie, Timothee Chalamet Relationship -
Prince William’s Beefed Up PR All Set To Fight Off ‘plot’ And ‘it Might Not Be Long’ -
Kate Middleton Ups A New Role Unofficially For King Charles As William Prepares His Coronation -
Teyana Taylor Says She Misread Leonardo DiCaprio Globes Moment -
A$AP Rocky Reveals What Encouraged Him To Date Rihanna -
Newborns At Risk: Health Experts Warn Your Baby Could Already Have Diabetes -
Sarah Ferguson Updates Her Plans Now That Andrew’s Eviction Is Nine Days Away -
Hailey Bieber Sends Cease And Desist To TikToker -
Kate Middleton Celebrates England Women's Rugby Stars After World Cup Win -
Kris Jenner Dubs Chicago West Her 'sweet Angel' As She Turns Eight -
Josh Charles Credits Taylor Swift For His, Ethan Hawke’s Moon Person Trophies -
Jodie Foster Voices Opinion About 'misogyny' -
Virginia Madsen Remembers Late Brother Michael Madsen Six Months After His Death -
Emilia Clarke Reveals Real Price Of Playing Daenerys In 'Game Of Thrones' -
Ex-Chicago Mayor Hit With Lawsuit Over Unpaid Credit Card Bills -
Andrew Risks His Relationships With Princess: ‘She’s Supporting The Abused And It’s Festering’