Pakistan is set to establish a national Bitcoin reserve, marking a significant shift in its approach to digital assets. Speaking at the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, head of the newly launched Pakistan Crypto Council, announced that the government will create a Bitcoin wallet to hold reserves long-term. He emphasized that the move is not speculative but part of a strategic financial plan, stating the government “will never, ever sell” the Bitcoin it acquires.
Inspired by the U.S. government’s recent adoption of a Bitcoin reserve strategy, Pakistan is now positioning itself to follow a similar path. Although the size of the reserve has not yet been disclosed, officials confirmed it will be a permanent holding. It remains unclear whether the Bitcoin will be acquired through direct purchases or alternative channels.
Alongside the reserve, Pakistan is also launching a broader blockchain initiative. Saqib revealed that 2,000 megawatts of surplus electricity will be redirected to support Bitcoin mining and AI data centers, with the goal of generating revenue, modernizing the energy sector, and creating jobs. This aligns with the country’s growing focus on tech-driven infrastructure as part of its economic transformation.
These developments coincide with the creation of the Pakistan Digital Assets Authority (PDAA), a new regulatory body under the Ministry of Finance. The PDAA will oversee exchanges, tokenization platforms, and DeFi projects. With the Pakistan Crypto Council playing a key role—and guidance from Binance co-founder Changpeng Zhao—these moves aim to place Pakistan “at the forefront of financial innovation.” Stay updated on this evolving story at TheCoinInfo.
