US EditionPakistan Announces Strategic Reserve 'Inspired' By Trump Moves In The US — Vows To Never Sell Bitcoin
- On May 28, 2025, the head of Pakistan’s Crypto Council, Bilal Bin Saqib, revealed the establishment of the nation’s inaugural government-supported strategic Bitcoin reserve during the Bitcoin Vegas conference held in Las Vegas.
- Pakistan inaugurated its own Bitcoin reserve following the example set by the United States, which earlier in March 2025 created a similar digital asset fund to expand its portfolio beyond conventional investments.
- The Pakistani government plans to store Bitcoin in a national digital wallet with a commitment to retain the holdings indefinitely, while dedicating 2,000 megawatts of surplus power towards supporting Bitcoin mining operations and AI data centers as part of a wider blockchain and cryptocurrency development strategy.
- Saqib emphasized Pakistan's digital innovation is powered by youth and led by emerging tech leaders, inviting global crypto developers to build wallets for the unbanked and scale with local talent.
- This initiative marks a strategic step toward integrating digital assets into Pakistan's economy and governance, aiming to attract investment, create jobs, and signal long-term commitment to decentralized finance.
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Pakistan Sets up Strategic Bitcoin Reserve
Pakistan has announced plans to establish a government-led strategic Bitcoin reserve, marking a major shift in its approach to crypto. The announcement was made by Bilal Bin Saqib, head of the country’s Crypto Council and special assistant to the prime minister on blockchain and crypto, at the Bitcoin 2025 conference in Las Vegas. This story is an excerpt from the Unchained Daily newsletter. To get these updates in your email for free, subscri…
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Leaning Left1Leaning Right3Center3Last UpdatedBias Distribution43% Center, 43% Right
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43% Right
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R 43%
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