Pakistan to Launch Bitcoin Strategic Reserve, Inspired by U.S. Crypto Moves
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From political tensions, financial distress, to border issues with India, Pakistan is juggling its own war. Despite that, Pakistan has announced plans to establish a government-led Bitcoin Strategic Reserve, signaling a major shift from its previous anti-crypto stance. Bilal bin Saqib, head of the Pakistan Crypto Council, revealed the initiative at the Bitcoin 2025 conference in Las Vegas, praising the United States for inspiring the move. He emphasized that the Bitcoins will be held indefinitely and not sold, marking a long-term commitment rather than a speculative play. This will be the ultimate chance for Pakistan to become the first South Asian country to take such a bold step into the future of decentralized finance. As of April 2025, the US governments collectively hold 463,741 BTC, representing around 2.3% of Bitcoin’s total supply. Today, 🇵🇰 rewrites history. At Bitcoin 2025 Vegas, Minister of Crypto and Blockchain @bilalbinsaqib announces that Pakistan will be setting up its Strategic Bitcoin Reserve. pic.twitter.com/1vNjryqimf — Pakistan Crypto Council (@cryptocouncilpk) May 29, 2025 Pakistan New Crypto Hub Just two years ago, Pakistan’s finance ministry declared cryptocurrencies illegal and refused to legalize them. However, the global wave of crypto adoption, especially moves by the US, has influenced Pakistan to soften its stance in 2025. The country is now actively building its crypto infrastructure, led by the Pakistan Crypto Council, which aims to boost blockchain innovation, stablecoins, and decentralized finance in the country. Also Read : Russia Allows Crypto-Related Products for Investors – But With These Limits , Strategic Partnerships and Supportive Policies Earlier this year, Pakistan signed a Letter of Intent with US-based World Liberty Financial, a firm connected to President Donald Trump’s family. This agreement focuses on collaboration in asset tokenization, stablecoin projects, and decentralized finance regulations. The government is also backing crypto mining by…
Filed under: News - @ May 29, 2025 12:23 pm