In meeting with New York City mayor Pakistan Crypto Council chief pushes for global blockchain cooperation

New York: New York City Mayor Eric Adams and Pakistan’s Minister of State for Crypto and Blockchain Bilal Bin Saqib held a meeting to discuss digital blockchain cooperation, the Ministry of Finance (MoF) said in a statement on Friday. 

“We consider New York to be Lahore.” Adams said on the occasion. His remark, made during an official diplomatic engagement in a high-profile meeting at Gracie Mansion.

The NY City Mayor highlighted the growing ties between the two emerging hubs of digital finance and innovation.

According to the statement, the meeting marked a key step toward building direct collaboration between the New York Crypto Council and the Pakistan Crypto Council, two government-backed bodies committed to shaping the future of Web3.

Both New York City and Pakistan have taken bold steps by establishing dedicated crypto councils to support the responsible growth of the digital economy.

During the meeting, Mayor Adams and SAPM Saqib explored opportunities to co-develop knowledge-sharing initiatives, capacity-building programs, and strategic advisory efforts to foster innovation while ensuring regulatory compliance.

The two leaders also discussed shared challenges and approaches to growing the digital asset economy in diverse, high-potential markets, read the statement.