Pakistan, despite facing internal issues, has announced the establishment of a strategic Bitcoin reserve, signaling a shift in its cryptocurrency stance.
New Crypto Focus of Pakistan
The initiative for the Bitcoin reserve was presented at the Bitcoin 2025 conference in Las Vegas by Bilal bin Saqib, head of the Pakistan Crypto Council. He emphasized that the Bitcoins will be held indefinitely and not sold, illustrating a long-term investment approach.
Strategic Partnerships and Support
Pakistan signed a Letter of Intent with the US-based World Liberty Financial, which will assist in asset tokenization and stablecoin development. The government has also allocated 2,000 megawatts for mining.
Future Plans and Development
With around 25 million active crypto users and an annual transaction volume of $300 billion, Pakistan aims to become a significant player in the global crypto market. The Bitcoin reserve is part of this broader national strategy to embrace blockchain technology.
The establishment of a strategic Bitcoin reserve could be a significant step for Pakistan in integrating into the world of decentralized finance and enhancing its role in the global crypto arena.
