Bilal Bin Saqib, CEO of Pakistan Crypto Council, Unveils Nation’s Bold Crypto Vision
In a groundbreaking move, Bilal Bin Saqib, recently appointed Special Assistant to the Prime Minister for Crypto and Blockchain, has announced Pakistan’s inaugural government-led Strategic Bitcoin Reserve. This historic initiative marks Pakistan’s emergence as a forward-thinking center of digital innovation, propelled by its youthful population and driven by necessity.
Speaking at Bitcoin Vegas 2025 in Las Vegas, Saqib addressed a distinguished audience including U.S. Vice President JD Vance, Eric Trump, and Donald Trump Jr. He emphasized Pakistan’s transformation, declaring, “Pakistan is shedding its past and embracing a future fueled by digital innovation.”
The announcement includes the establishment of a national bitcoin wallet, securing digital assets held by the state as a sovereign reserve, underlining Pakistan’s commitment to decentralized finance without engaging in speculative trading. Saqib also highlighted the allocation of 2,000 megawatts of surplus electricity for bitcoin mining and AI data centers, inviting global partnerships in clean energy and tech innovation.
Today, 🇵🇰 rewrites history.
— Pakistan Crypto Council (@cryptocouncilpk) May 29, 2025
At Bitcoin 2025 Vegas, Minister of Crypto and Blockchain @bilalbinsaqib announces that Pakistan will be setting up its Strategic Bitcoin Reserve. pic.twitter.com/1vNjryqimf
Acknowledging misconceptions around bitcoin and Pakistan, Saqib called for global crypto investors to join in Pakistan’s growth story, encouraging them to build platforms for the unbanked and tokenize real estate. He emphasized the creation of the Pakistan Digital Assets Authority (PDAA) to regulate digital finance frameworks and protect investors.
This initiative aligns with Pakistan’s aim to establish a National Crypto Council and develop a FATF-compliant regulatory framework for digital assets, signaling a pivotal step towards integrating blockchain technology in governance and finance.
Looking Ahead
With these bold steps, Pakistan aims not only to harness its abundant youth talent and resilient spirit but also to position itself as a leader in Web3 technology among emerging markets. This forward-looking strategy promises to unlock vast economic potential, attract foreign investment, and pave the way for high-tech job creation in the country.
The establishment of a Strategic Bitcoin Reserve and the commitment to sustainable crypto and blockchain integration represent Pakistan’s proactive stance in embracing digital transformation for the benefit of its economy and people.
