Muhammad Saleem

 Pakistan’s booming crypto investment scene is creating new business opportunities. Khurram Sheikh, an industrialist, said he is investing in crypto with the help of a tech-savvy team that researches promising opportunities on his behalf. He said that the rise in crypto investment is also creating employment, as more than ten people are working for him to identify suitable coins for investment.

He said that the growing desire for financial independence among the youth is a positive indicator of building a robust economy. He emphasized that when youth strive for financial autonomy, it empowers people, strengthens the national economy, and generates more jobs. However, he cautioned that crypto remains a risky and unregulated domain in Pakistan, and its rapid growth has been accompanied by a rise in fraudulent schemes.

He stressed the need for a proper legal framework to protect investors and encourage digital adoption. “There is an urgent need to strike the right balance between innovation and regulation,” he added. Ammar Ahmed, a businessman and a crypto investor, told WealthPk that Pakistan’s crypto sector is growing fast as more people begin to realize its importance and its future potential. He said the industry offers hope, employment, and opportunities across the globe, driven by advances in information technology.

He suggested launching a national awareness campaign to educate people about the importance of crypto investment and to encourage wider adoption. However, he pointed out that many people still fear that crypto could be banned in Pakistan at any time. The government must eliminate this fear by assuring investors that legal protections are  being put in place for crypto investment in Pakistan, he suggested.

“Experts believe that education, regulation, and innovation must go hand in hand to build a secure crypto future in Pakistan. People are eager to invest in this growing sector,” he added. He said that one can see from university students and experienced professionals alike– scores of Pakistanis– joining the digital world. Around the globe, the crypto business is gaining ground. However, he said that in Pakistan, the debate continues over whether this approach benefits our economy.

Ali Raza, a former lecturer in the department of international relations of the Government College University Faisalabad, speaking with WealthPk said that inflation is creating space for crypto investment, as people believe the rupee’s value is unpredictable and could depreciate at any time. He said people want to protect their money– come what may–and crypto gives them a glimmer of hope.

He explained that with advancements in information technology, it’s easy to buy crypto now, and scores of online platforms offer a variety of investment packages. He said that people are investing through mobile apps, and the younger generation is particularly drawn to the rapidly expanding crypto sector. “The youth see crypto as a quick way to earn money without needing much capital or external support. However, diving into any business without proper knowledge can land them in trouble at any time, and crypto is no exception,” he said.

He said that crypto is not just a passing trend– it’s a transformation. This sector is opening new avenues for income, skills, and business, and we have to cash in on the opportunity. He suggested that it is the need of the hour to walk this path carefully. A safe and sustainable crypto ecosystem can only be ensured through a proper legal framework and timely investor support.

Credit: INP-WealthPk