News 
May 28, 2025 
4 min. 
In a major policy shift, Bilal Bin Saqib, chairman of Pakistan’s Crypto Council, announced plans for a government-backed Bitcoin reserve. The announcement was made on May 28 during his speech at the Bitcoin 2025 conference in Las Vegas, Nevada.
Saqib credited the United States as a key influence behind the decision. He said Pakistan is aligning with global crypto-forward trends.
He told the audience:
“Today marks a historic milestone. I am proud to announce that the Pakistani government is initiating the creation of its own Bitcoin Strategic Reserve. We owe a debt of gratitude to the United States, whose leadership inspired this move.”
- Join the best crypto exchange in India — trade smarter, faster, and safer today!
Consequently, the move represents a sharp departure from Pakistan’s previous stance, which dismissed any legalization of cryptocurrencies.
Moreover, this decision reflects a broader global shift toward crypto adoption, particularly following U.S. regulatory changes under the Trump administration.
As a result, Pakistan signals its intention to join the evolving digital financial system.
National Strategy and Infrastructure Commitments
To begin implementing its crypto vision, the country explored the creation of Pakistan’s Crypto Council in February 2025.
The Council was tasked with designing a regulatory framework for digital assets and attracting blockchain-related foreign investment.
One key proposal involved using surplus national energy for Bitcoin mining and data center infrastructure. In May 2025, this became reality when Pakistan allocated 2,000 megawatts of excess energy for crypto mining and high-performance computing.
This marked a major step forward in the region’s digital asset infrastructure.
Global Partnerships and Regulatory Oversight
Adding credibility to the initiative, Binance co-founder Changpeng Zhao joined the Council as an adviser in April. He will assist with crypto regulations, blockchain adoption, and infrastructure planning.
Meanwhile, international partnerships also took shape. On April 27, World Liberty Financial (WLFI), a DeFi protocol backed by Donald Trump, signed a letter of intent with Pakistan.
The partnership includes plans to tokenize real-world assets, build decentralized finance infrastructure, and test crypto financial products.
Most recently, in May 2025, Pakistan’s Ministry of Finance launched the Digital Asset Authority.
This agency will regulate digital finance, license crypto platforms, and ensure compliance with national laws.
A New Chapter in Pakistan’s Financial Evolution
Taken together, these reforms signal Pakistan’s entry into the global crypto economy. Previously skeptical of digital assets, the nation is now positioning itself as a serious player in blockchain, DeFi, and innovation.
