Arnab Goswami’s guest admits Pakistan outpacing India in crypto race

A leading policy analyst has admitted that Pakistan’s influence in the global tech and financial space has been growing on Indian television. Speaking at Arnab Goswami’s show, the expert also warned that while India’s economic position has weakened because of the recent war it had with Pakistan, Pakistan was rapidly benefiting from the global narratives and trends by deeply entrenching itself in the world of cryptocurrency, especially in the West.

At the core of this is Pakistan Crypto Council (PCC), an official entity established in the beginning of this year by the federal government on March 2025 by way of an official Finance Division directive, the council unites members of the State Bank of Pakistan (SBP), the Securities and Exchange Commission Pakistan (SECP), IT Ministry, and Law Division under the umbrella of a single organization.

Under the leadership of Finance Minister Muhammad Aurangzeb and PCC CEO Bilal Saqib, the council is tasked with constructing a regulatory framework that makes digital assets safe and accessible within Pakistan. As per reports, this has placed Pakistan among the leading blockchain countries in the world.

Addressing Goswami’s show, the Indian analyst highlighted Pakistan’s recent partnership with World Liberty Financial (WLF) crypto venture that is supported by Donald Trump. This move indicates that Pak-US financial ties are strengthening and that both countries are poised for further collaboration with respect to the digital asset space. As per the expert, Zach Ritco, son of US President Donald Trump’s ally Steve Whitkoff, recently visited Pakistan and inked a deal with the PCC.

According to reports, the agreement could open doors for multimillion-dollar crypto exchanges, further cementing Pakistan’s economic relations with the US-based blockchain networks, while also marking a major step towards ‘digital diplomacy’. The aforementioned transactions include remittance transfers and business transactions that crypto may be able to facilitate, as traditional financial institutions are known for charging extortionate fees at times.

In Dubai, after Ritco’s dealings with the PCC in Pakistan, he convened with Eric Trump, son of US President Donald Trump, at the World Crypto Conference. The conference was attended by Pakistani officials and American crypto personalities, and we see Islamabad using its alliances to extend its foothold in the field of global finance and technology. 

Reflecting India’s sentiments about Pakistan’s growth, the expert warned the audience about such relations, highlighting how these relations would be able to imply grave financial clout, especially at a time when the Indian nation is struggling to recover from the economic losses in its unjustified war effort against Pakistan.