Pakistan is taking significant steps to establish a strategic Bitcoin reserve as part of a broader, state-backed initiative to integrate digital assets into its financial framework.
Announcement of National Bitcoin Wallet
At the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, head of the newly formed Pakistan Crypto Council, announced the government’s plan to launch a national Bitcoin wallet designed to hold and manage long-term crypto reserves.
Long-term Strategy Inspired by the US
Saqib emphasized that this initiative is driven by a long-term national strategy rather than short-term market speculation, firmly stating that the government 'will never, ever sell' the Bitcoin it accumulates. He further explained that Pakistan’s move was directly inspired by the United States’ decision to create its own Bitcoin reserve.
Establishment of New Regulatory Body
Complementing these developments, Pakistan has officially established a new regulatory body dedicated to overseeing the nation’s blockchain-based financial infrastructure and digital asset ecosystem. The Pakistan Digital Assets Authority (PDAA), sanctioned by the Ministry of Finance, will be responsible for licensing, compliance, and fostering innovation across the digital asset space.
Thus, Pakistan aims to expand its financial capabilities by integrating Bitcoin and other digital assets, creating an effective and transparent regulatory environment.
