29-5-2025 – Pakistan has declared its ambition to create a state-controlled Bitcoin reserve, a bold departure from its historical wariness of cryptocurrencies. This strategic shift positions the nation among a select group of governments embracing the potential of blockchain technology and digital finance.
Speaking at the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, chair of Pakistan’s crypto council, unveiled the initiative, underscoring the country’s intent to weave digital assets into its economic fabric. The move draws inspiration from the United States’ recent embrace of pro-Bitcoin policies, reflecting a broader global trend towards recognising the value of decentralised finance.
Pakistan’s vision extends beyond merely stockpiling digital currency. The government has committed 2,000 megawatts of surplus electricity to fuel Bitcoin mining operations and data centres, a pragmatic step to harness untapped resources. Additionally, a newly established Digital Asset Authority will oversee the licensing of cryptocurrency platforms and enforce robust regulations, fostering a structured environment for digital finance to flourish.
To navigate this transformative journey, Pakistan has enlisted expertise from prominent figures, including Changpeng Zhao, co-founder of Binance. The nation has also forged a partnership with World Liberty Financial, a firm associated with former US President Donald Trump, to explore innovative avenues such as tokenised assets and decentralised finance infrastructure.
