From political tensions, financial distress, to border issues with India, Pakistan is juggling its own war. Despite that, Pakistan has announced plans to establish a government-led Bitcoin Strategic Reserve, signaling a major shift from its previous anti-crypto stance. Bilal bin Saqib, head of the Pakistan Crypto Council, revealed the initiative at the Bitcoin 2025 conference in Las Vegas, praising the United States for inspiring the move. He emphasized that the Bitcoins will be held indefinitely and not sold, marking a long-term commitment rather than a speculative play. This will be the ultimate chance for Pakistan to become the first South Asian country to take such a bold step into the future of decentralized finance.
As of April 2025, the US governments collectively hold 463,741 BTC, representing around 2.3% of Bitcoin’s total supply.
Just two years ago, Pakistan’s finance ministry declared cryptocurrencies illegal and refused to legalize them. However, the global wave of crypto adoption, especially moves by the US, has influenced Pakistan to soften its stance in 2025. The country is now actively building its crypto infrastructure, led by the Pakistan Crypto Council, which aims to boost blockchain innovation, stablecoins, and decentralized finance in the country.
Earlier this year, Pakistan signed a Letter of Intent with US-based World Liberty Financial, a firm connected to President Donald Trump’s family. This agreement focuses on collaboration in asset tokenization, stablecoin projects, and decentralized finance regulations. The government is also backing crypto mining by allocating 2,000 megawatts of power for mining and AI infrastructure. A legal framework for digital assets is expected in the upcoming federal budget.
With about 25 million active crypto users and an annual transaction volume of $300 billion, Pakistan’s recent efforts show a clear national strategy to become a significant player in the global crypto market. The Bitcoin reserve is part of this broader vision, reflecting the country’s desire to embrace blockchain technology and digital finance on a serious scale.
Yes, Pakistan has officially legalized cryptocurrency, introducing regulations to support investors, traders, and businesses in the crypto space.
The council, led by Bilal bin Saqib, advises the government on blockchain policies, Web3 development, and AI-driven financial innovation.
Pakistan has about 25 million active crypto users and sees an estimated $300 billion in annual transaction volume.
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