Bilal Bin Saqib, chief of Pakistan’s Crypto Council, announced on May 28 that the country is moving to establish a Bitcoin strategic reserve.
Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said that the Pakistan government had followed the example of the United States in the establishment of a Bitcoin Strategic Reserve and adopts pro-scriptto regulatory policies. The government official told the public:
“Today is a very historic day. Today, I announce that the Pakistani government is setting up its own Bitcoin strategic reserve led by the government, and we want to thank the United States of America again because we have been inspired by them.”
The announcement represents a significant difference in the previous position of the government of Pakistan on cryptocurrencies, judging that the crypto would never be legal in the country.
The change of Pakistan reflects the broader trend of nation states adopting pro-Crypto policies after the regulatory change in Washington, DC under the administration of President Donald Trump.
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This is a history in development, and additional information will be added as it will be available.
