Pakistan’s minister for crypto and blockchain, Bilal Bin Saqib, visited the White House to present the country’s new Strategic Bitcoin Reserve and discuss digital asset cooperation with the United States.
Saqib met with Robert “Bo” Hines, executive director of President Donald Trump’s Council on Digital Assets, to outline Pakistan’s vision for a modern digital economy powered by Bitcoin and blockchain technology.
🇵🇰 LATEST: Pakistan’s digital assets minister Bilal Bin Saqib met with Bo Hines to explore crypto collaboration. pic.twitter.com/jNuLf1eHJO
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During the meeting, Saqib described his mission to position Pakistan as a global leader in digital assets. He highlighted the country’s plans to launch a Strategic Bitcoin Reserve, unlock national infrastructure for crypto mining, and establish AI data zones. Saqib said these initiatives will transform surplus energy into digital productivity, create jobs, and boost economic growth.
Hines, who leads U.S. policy on digital assets under the Trump administration, expressed interest in strengthening cross-border partnerships. The Trump administration has signalled that it wants the United States to be at the forefront of digital asset innovation.
Saqib also met with officials from the White House Counsel’s Office to discuss legal frameworks for blockchain governance. Pakistan is developing a regulatory framework for digital assets, with the Ministry of Finance recently endorsing the creation of the Pakistan Digital Assets Authority (PDAA). This new body will oversee licensing and regulation of exchanges, custodians, wallets, token platforms, stablecoins, and decentralised finance (DeFi) applications.
A key part of Pakistan’s strategy is allocating 2,000 megawatts of surplus power to support Bitcoin mining and AI data centres. The government aims to turn unused electricity into economic value, despite the country’s ongoing energy challenges.
However, the International Monetary Fund (IMF) has raised concerns about Pakistan’s Bitcoin mining plans. The IMF requested urgent clarification from the Finance Ministry, questioning the legality of crypto mining and the allocation of power, especially as Pakistan faces persistent energy shortages and fiscal pressure.
Pakistan’s push for digital asset adoption signals a bold move towards economic modernisation, but it faces scrutiny from global financial institutions.
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