HomeBusinessPakistan Launches First Government-Led Bitcoin Reserve

Pakistan Launches First Government-Led Bitcoin Reserve

Pakistan has announced its first-ever government-led Strategic Bitcoin Reserve, marking a bold step into the future of decentralized finance.

The announcement was made by Pakistan Crypto Council CEO Bilal Bin Saqib during a keynote address at Bitcoin Vegas 2025. Speaking before prominent figures including U.S. Vice President JD Vance, Eric Trump, and Donald Trump Jr., Saqib declared the creation of a national bitcoin wallet — a sovereign reserve meant to demonstrate long-term commitment, not for speculation.

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Saqib, recently appointed Special Assistant to the Prime Minister on Crypto and Blockchain with minister of state status, said, “Pakistan is being reborn as a forward-looking hub of digital innovation — powered by its youth, sharpened by necessity.”

He revealed that Pakistan has allocated 2,000 megawatts of surplus electricity in the first phase for bitcoin mining and AI data centers, opening opportunities for sovereign miners and global tech firms.

Saqib also thanked Donald Trump for playing a peacemaker role in the recent India-Pakistan conflict and for supporting global crypto adoption.

The statement from his office highlighted that Pakistan hosts over 40 million crypto wallets and one of the world’s most active freelancer economies.

Saqib is now spearheading the launch of the Pakistan Digital Assets Authority (PDAA) to regulate and boost the country’s digital finance ecosystem.

“Both Pakistan and bitcoin have suffered from bad PR,” he said. “But if you look past the headlines, you’ll see talent, resilience, and vision.”

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