Pakistan to launch government-led Bitcoin reserve, inspired by U.S.

2,000 MW allocated for Bitcoin mining and AI centers.

Country hosts 40 million wallets, emerging as Bitcoin-friendly market.

Pakistan appears to be moving closer to embracing digital currencies, with signals pointing toward the creation of a state-backed Bitcoin reserve. According to local news outlet DAWN, the development was hinted at during the Bitcoin 2025 conference held in Las Vegas. On this occasion, Bilal Bin Saqib highlighted new information about Pakistan’s plans for digital finance as the head of the council.

2,000 MW Allocated for Bitcoin Mining and AI in Pakistan

Even though the statement was not written as a government decree, Saqib’s attendance and powerful statements reflected how serious Pakistan was. He pointed out that Pakistan looked at the United States for inspiration when considering a national Bitcoin reserve. This demonstrates that the nation is starting to think about cryptocurrencies differently, reflecting its earlier caution.

Pakistan also reportedly has set aside 2,000 megawatts of surplus electricity for use in Bitcoin mining and AI data centers. There has been a major change because of this. It reflects the government’s ambition to benefit the economy from untapped energy sources. It might also allow the U.S. to create new partnerships with clean energy firms and technology companies around the globe.

In addition, Pakistan is working to regulate the crypto sector by forming the Pakistan Digital Assets Authority (PDAA). At the moment, the body is working towards its clear goals: putting investors first, establishing formal digital systems, and allowing for advancements in the industry. Saqib will help lead the authority and has already been involved in making policy.

Interestingly, Pakistan has positioned itself as an important player in crypto, with 40 million crypto wallets serving the public. In addition, Upwork is known for organizing one of the most active freelancer communities and much of the payment is done using cryptocurrencies. Because of this, developing a formal system would give youth and digital professionals in the country even more opportunities.

Pakistan Backs Bitcoin to Fuel Tech and Finance Reforms

Previously, on February 25, the government demonstrated its enthusiasm for digital currencies with its plan to build a Pakistan Crypto Council. In March, Saqib was chosen by the finance minister as his chief adviser on crypto subject. A few months later, he was named CEO of the council. It signifies that more policymakers now trust and support his ideas for the sector.

Building a regulatory framework that matches FATF standards is one of Saqib’s duties. He is responsible for leading Bitcoin mining and adding blockchain technology to financial, government and land sectors.

Even while these efforts are in progress, they prove Pakistan’s goal to become a leading tech market. While at the conference, Saqib asked global developers to consider Pakistan as a spot where they could develop crypto projects. He urged them to serve people without access to banking, use tokenization for land and work in tandem with the country’s gifted young people.

Meanwhile, the plan is still at its start, Pakistan’s support for Bitcoin and digital finance stands out more clearly. Once the country has new rules, energy setup and strong leadership, it might gradually become a strong presence in blockchain and cryptocurrency.

The post Pakistan to Establish Government-Led Bitcoin Reserve appeared first on Live Bitcoin News.

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Filed under: Bitcoin - @ May 29, 2025 8:00 pm