US EditionPakistan to Establish a Bitcoin Strategic Reserve, Allocate 2000 Megawatts of Energy for Crypto Mining
- In May 2025, Pakistan revealed intentions to create a strategic bitcoin reserve and dedicated 2 gigawatts of excess power to support bitcoin mining operations and artificial intelligence data center development.
- This initiative follows years of regulatory uncertainty, the recent creation of the Pakistan Crypto Council, and ongoing energy challenges like blackouts and a collapsing grid.
- The government aims to mobilize unused electricity, develop a sovereign digital asset reserve, and position Pakistan as a regional crypto hub despite structural issues.
- Minister Bilal Bin Saqib emphasized Pakistan’s firm dedication to decentralized finance by affirming that the government intends to retain its bitcoins indefinitely and will not sell them.
- However, concerns remain over Pakistan’s financial transparency, risk of illicit crypto use, and the possibility that this strategy may worsen existing economic and regulatory vulnerabilities.
22 Articles
22 Articles
Crypto currencies use is illegal, NA panel told
The federal government and the central bank reiterated on Thursday that the use of crypto currencies was illegal and anyone dealing in these currencies was liable to be investigated by the Financial Monitoring Unit (FMU) and the Federal Investigation Agency (FIA). The statements were made by Federal Finance Secretary Imdad Ullah Bosal and State Bank of Pakistan (SBP) Executive Director Sohail Jawad during a meeting of the National Assembly Stand…
The many ironies in Pakistan launching a Strategic Bitcoin Reserve
Across major Pakistani cities, citizens endure crippling electricity outages, yet the government has allocated 2,000 MW of surplus electricity for bitcoin mining and artificial intelligence (AI) data centres. Alongside this, there are issues related to FATF, too
Opinion | Why Pakistan's New 'Crypto' Obsession Could Turn Dangerous
By embracing digital currency without resolving its foundational vulnerabilities in both its energy infrastructure and financial governance, Pakistan may not be catalysing a revolution, but rather courting a crisis.
📝Official Position: Cryptocurrencies Deemed Illegal \ stacker news ~crypto
Pakistan’s position on cryptocurrency is growing increasingly complex, reflecting a deep contradiction between official government declarations and new institutional moves suggesting a shift toward legalization.**_ However, by early 2025, the country’s tone had begun to shift. In March 2025, Bilal Bin Saqib, Chief Advisor to the Finance Minister and CEO of the newly formed Pakistan Crypto Council (PCC), announced that Pakistan would pursue the l…
First, regulate Bitcoin mining
The government is planning to allocate 2,000 megawatts of electricity for Bitcoin mining and AI data centers, using extra power that often goes to waste. This could help the country earn foreign exchange and attract big investments. But there is one big issue that cryptocurrency is still not officially legal or regulated in Pakistan. The State Bank of Pakistan (SBP) has not yet approved cryptocurrency as legal tender. Back in 2018, it told banks…
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