SAN SALVADOR: Pakistan and El Salvador have officially established bilateral relations centered around cooperation in cryptocurrency and blockchain technology.

Chief Executive of the Pakistan Crypto Council and Advisor to the Prime Minister, Bilal Bin Saqib, met with the President of El Salvador Nayib Bukele to discuss avenues for strategic partnership and innovation in the digital finance sector.

In an interview on the occasion, Chief Executive of the Pakistan Crypto Council, Bilal Bin Saqib, stated that the memorandum of understanding (MoU) signed with El Salvador is focused on enhancing educational exchange and knowledge-sharing in the field of cryptocurrency and blockchain technology.

Bilal bin Saqib added that the most important in relations between the two countries is that it is beyond traditional diplomatic relations.