Pakistan Announces Preparations for Strategic Bitcoin Stockpiling... ”Inspired by the US”

The Pakistani government has officially declared that it will stockpile Bitcoin as a national strategic asset, marking a 180-degree reversal of its stance on virtual currencies.
Bilal Bin Saqib, head of the Pakistan Cryptocurrency Board,
On the 28th (local time), Saqib appeared on stage at the Bitcoin 2025 Conference held in Las Vegas, USA, and said, "Today is a historic day," and "The Pakistani government has decided to withdraw from the government.
"We will establish a government-led 'Bitcoin Strategic Reserve'," he said. "In making this decision, we were heavily inspired by the policy shift in the United States."
This announcement is a stark departure from the Pakistani government's previous stance that cryptocurrencies will never be legalized.
With the pro-crypto trend taking place in Washington DC influencing governments around the world following the president’s successful return to power, it appears Pakistan is joining the trend.
The Pakistani government launched the National Cryptocurrency Commission in February last year to develop a regulatory framework and promote foreign investment.
He proposed various strategies, including stockpiling Bitcoin in the national treasury and using surplus energy for mining and operating data centers.
In May, a total of 2,000 megawatts (MW) of surplus electricity was used for Bitcoin mining and high-performance computing.
The committee announced that it would allocate 100,000 yuan ($1.2 billion) of the data center to the 10,000-sq. meters of ...
Zhao has been working with the Pakistani government since April to regulate cryptocurrencies, build blockchain infrastructure, and manage digital assets.
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