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Pakistan boosts industry participation with banking access, Momin Saqib notes
Momin Saqib emphasized the importance of regulatory and banking support for builders in Pakistan. According to Saqib, while laws create permission, real industry participation depends on access to banking services. He suggested that without this critical component, many innovators would continue to work around regulatory obstacles. Recent moves by Pakistan make it increasingly difficult for stakeholders to ignore the country’s evolving financial environment.
Saqib has previously noted that high energy prices contribute to persistent inflation and tight liquidity across equities and crypto markets, as detailed in his recent commentary. He also raised concerns about the security culture in crypto following a $270 million protocol loss. These developments frame the ongoing challenges facing financial innovators in Pakistan.
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