Pakistan increases its involvement in cryptocurrency by attending the Mar-a-Lago Finance Forum.

Bilal bin Saqib, Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), attended an event organized by World Liberty Financial, a cryptocurrency company associated with the family of US President Donald Trump, on Thursday, according to a statement from Saqib’s office.

World Liberty Financial, a cryptocurrency-based financial platform associated with Trump’s family that was founded in September 2024, hosted the event. The event took place at Trump’s Florida club and home, Mar-a-Lago, according to Saqib’s office.

According to Saqib’s office, Lynn Martin, president of the New York Stock Exchange, Adena Friedman, chairperson and CEO of Nasdaq, and David Solomon, chairman and CEO of Goldman Sachs, were among the speakers and attendees at the event.

American businessmen Zach and Alex Witkoff, along with President Eric Trump, arranged and hosted the event.

According to the announcement, “discussions explored the future of global financial infrastructure, digital assets, stablecoins, innovation in capital markets, and the changing relationship between regulation and emerging financial technologies.”

It said that Saqib’s participation in the gathering demonstrated Pakistan’s increasing involvement in international debates influencing the course of the country’s financial and technical revolution.

“Such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership as Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy,” the statement continued.

Pakistan and a business connected to World Liberty Financial struck a memorandum of agreement last month to investigate the usage of a stablecoin linked to the dollar for international payments.

As part of larger efforts to decrease the use of cash, Pakistan is investigating digital currency initiatives and has lately increased efforts to regulate its digital asset market.