Pakistan is making bold strides into the crypto space with plans to establish a strategic Bitcoin (BTC) reserve and support large-scale mining operations, as announced by Minister of State for Blockchain and Crypto, Bilal Bin Saqib, at the Bitcoin 2025 conference in Las Vegas.
Inspired by the U.S. government's approach, Pakistan’s strategic reserve will reportedly hold Bitcoin assets acquired through various means, including government-held digital assets. Like the U.S. reserve, the BTC in Pakistan’s national wallet will not be sold. “This is not about speculation. We will hold these bitcoins and never sell them,” Bin Saqib emphasized.
In a move to attract global infrastructure players, the Pakistani government has allocated 2,000 megawatts of electricity for Bitcoin mining and AI data centers. Bin Saqib invited miners and crypto innovators worldwide to invest and build within Pakistan.
He highlighted the broader vision to transform Pakistan’s economy through blockchain adoption. With over 100 million unbanked citizens, Pakistan aims to leverage crypto to expand financial inclusion. “We want to tokenize illiquid assets, implement digital IDs, and empower people to break through economic barriers,” he said.
The country is also closely monitoring the U.S. GENIUS Act, which aims to regulate stablecoins, as it shapes its own crypto policies.
Pakistan’s strategic embrace of blockchain and Bitcoin is not only about creating reserves and mining capacity but also about establishing a foundation for long-term digital economic growth. With regulatory clarity and infrastructure incentives, Pakistan is positioning itself as a serious player in the global crypto ecosystem.
Comment 0