The government of Pakistan has announced plans to create a strategic Bitcoin reserve, reflecting a broader trend among nations adopting cryptocurrency.
Pakistan Follows US in Embracing Bitcoin
On May 28, Bilal Bin Saqib, the special assistant to the Prime Minister for blockchain and cryptocurrency, announced the establishment of a government-led Bitcoin strategic reserve. He expressed gratitude to the United States, stating, 'Today is a historic day. We want to set up our own strategic Bitcoin reserve.'
From Crypto Ban to Bitcoin Mining Boom
In addition to the reserve, Bin Saqib revealed that the government has allocated 2,000 megawatts of excess electricity for Bitcoin mining and high-performance AI data centers. 'We want to welcome all miners and infrastructure players to come to Pakistan,' he emphasized.
New Steps Towards Cryptocurrency Regulation in Pakistan
Pakistan has shifted its stance on cryptocurrencies, which previously aimed to ban all services. In February 2025, the government began considering the creation of a 'National Crypto Council' to develop a regulatory framework and attract foreign investment.
The establishment of a strategic Bitcoin reserve in Pakistan highlights the growing interest of countries in cryptocurrencies and their regulatory changes.
