Pakistan is taking significant steps to establish a strategic Bitcoin reserve as part of a broader, state-backed initiative to integrate digital assets into its financial framework.
At the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, head of the newly formed Pakistan Crypto Council, announced the government’s plan to launch a national Bitcoin wallet designed to hold and manage long-term crypto reserves.
He emphasized that this initiative is driven by a long-term national strategy rather than short-term market speculation, firmly stating that the government “will never, ever sell” the Bitcoin it accumulates. Saqib further explained that Pakistan’s move was directly inspired by the United States’ decision to create its own Bitcoin reserve, signaling the country’s intention to follow a similar path in developing blockchain-based financial infrastructure.
Although the exact size of Pakistan’s intended Bitcoin holdings remains undisclosed, the government has made clear its commitment to acquiring and retaining the asset over the long term. However, it remains unclear whether Bitcoin will be purchased outright or obtained through alternative channels.
This announcement coincides with a broader effort to integrate blockchain technologies into Pakistan’s public infrastructure and economic systems. In line with this vision, Saqib also unveiled plans to allocate 2,000 megawatts of surplus electricity to Bitcoin mining and AI data centres. This initiative is expected to generate revenue, create jobs, attract foreign investment, and effectively utilize otherwise stranded energy, thereby contributing to the modernization of the country’s power sector.
Complementing these developments, Pakistan has officially established a new regulatory body dedicated to overseeing the nation’s blockchain-based financial infrastructure and digital asset ecosystem. The Pakistan Digital Assets Authority (PDAA), sanctioned by the Ministry of Finance, will be responsible for licensing, compliance, and fostering innovation across the digital asset space. Its jurisdiction will cover cryptocurrency exchanges, wallet providers, custodians, tokenization platforms, stablecoins, and DeFi protocols, marking a comprehensive approach to regulating the country’s emerging digital economy.
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