Islamabad: Pakistan has taken a historic step in the field of cryptocurrency by announcing its first government-backed strategic Bitcoin Reserve. This announcement was made by Special Assistant to the Prime Minister on Blockchain and Crypto and CEO of Pakistan Crypto Council (PCC) Bilal Bin Saqib during the Bitcoin Vegas 2025 conference held in the United States.
With this announcement, Pakistan has officially started its presence in the crypto world. Bilal bin Saqib also extended special thanks to former US President Donald Trump, who supported the establishment of peace in the Pakistan-India tension and the global adoption of crypto.
Bilal bin Saqib also announced the establishment of a “National Bitcoin Vault” during the event, which will handle digital assets in state custody. The government has allocated 2000 megawatts of additional electricity for crypto mining and AI data centers in the initial phase.
Pakistan currently has over 40 million crypto wallets, making it one of the largest freelance and digital economies in the world.
