Don't Just Read the News, Understand It.
Published loading...Updated

Pakistan Engages Michael Saylor in Bold Push Toward BTC-Backed Economy

  • On June 17, 2025, a high-level meeting took place in Pakistan involving Finance Minister Muhammad Aurangzeb, Minister Bilal Bin Saqib, and Bitcoin advocate Michael Saylor to explore the potential integration of Bitcoin into the country's sovereign reserves and its digital economic transformation.
  • This meeting took place after Pakistan established the Pakistan Crypto Council in March and introduced a regulatory body for virtual assets in May as part of its efforts to oversee the digital asset sector.
  • The discussion centered on leveraging Bitcoin as a strategic reserve asset to strengthen monetary stability and promote Pakistan’s sustainable growth in the digital economy.
  • Michael Saylor, CEO of Strategy—which holds more than 582,000 BTC valued at upwards of $62 billion—commended Pakistan for its clear vision and innovative approach, highlighting Bitcoin as a key asset for strengthening national economic resilience over the long term. He emphasized that countries like Pakistan are uniquely positioned to make significant advancements in the evolving financial landscape.
  • The meeting marks a significant milestone in Pakistan’s ambition to lead the Global South in digital assets by establishing regulatory frameworks and launching its first government-backed strategic Bitcoin reserve.
Insights by Ground AI
Does this summary seem wrong?

31 Articles

All
Left
1
Center
3
Right
1
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources are Center
60% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Arab News broke the news in Riyadh, Saudi Arabia on Sunday, June 15, 2025.
Sources are mostly out of (0)