Pakistan announces plans for Bitcoin reserves

Pakistan on May 28, 2025 at the Bitcoin 2025 conference in Las Vegas announcedto set up a national Bitcoin reserve. Bilal bin Saqib, head of the Pakistan Crypto Council (PCC) and Minister for Blockchain and cryptocurrencies, explained that the country would build a state-managed Bitcoin reserve. The reserve should be kept in a national wallet without the intention of selling or speculating the stocks. The goal is to take a long -term attitude towards Bitcoin to take.

Why does Pakistan choose Bitcoin?

The decision is an extreme change in the Pakistani attitude towards cryptocurrencies. Until recently, the government's attitude was considered negative to crypto. The step, a reserve for Bitcoin (BTC) Inspired primarily by the United States' policy, since Donald Trump also dared to take this step for his country. Pakistan would like to benefit from the experiences of other countries and position themselves as an active player in global digital finance.

Read too: Texas Parliament says goodbye to Bitcoin reserve

Further measures to promote the crypto industry

In parallel to the establishment of the Bitcoin reserve, Pakistan has taken further steps to promote the crypto industry. The National Crypto Council was founded in February 2025 to develop a comprehensive regulatory framework for cryptocurrencies and attract foreign investments. Some of the proposed initiatives include the use of excess energy for the Bitcoin-Mining And the structure of data centers for artificial intelligence. In May 2025, the Ministry of Finance announced that 2,000 megawatts have to provide excess energy for these purposes. However, the IMF has already expressed concerns.