The Maalik Interview: Evasive Tactics Under the Spotlight
Then there’s the revealing encounter with investigative journalist Mohammad Maalik, a straight-shooter unafraid to expose inconsistencies. During a live television discussion, Maalik posed a fundamental question: “Is it legal or illegal to buy crypto in Pakistan?” Bilal’s reply was anything but direct, veering into suggestions of consulting YouTube videos while expounding on futuristic trends. When pressed further on practical trading methods, he offered little more than vague allusions.
This evasive performance underscores the ambiguities plaguing the Virtual Assets Ordinance of July 2025. While Binance and HTX secured their approvals on December 12, everyday retail participation remains mired in uncertainty, with enforcement mechanisms still underdeveloped. Pakistan’s status as the third-largest hub for informal crypto engagement, as highlighted in a 2025 report, means millions are navigating unregulated waters, even as mining operations gear up for expansion. As Umar Cheema insightfully noted, the sector demands a “credible public face” to build trust, not ambiguous responses that breed doubt. In my view, Bilal, your reluctance to share straightforward guidance suggests you might be safeguarding your own substantial crypto interests—why withhold the roadmap while others scramble? It feels like exclusive access to a lucrative frontier.
