Pakistan on Thursday officially declared the establishment of its first strategic Bitcoin reserve, a significant turning point in the country’s digital revolution process.
The announcement was made at the Bitcoin Vegas 2025 conference, where Pakistan’s recently appointed Minister for Blockchain and Crypto, Bilal bin Saqib, presented the government’s ambitious plan to a global audience.
“Our youth are online and on-chain,” said Saqib. “Pakistan, with over 40 million crypto wallets and an average age of just 23, is now being recognised for its future rather than its past.”
Read More: Pakistan allocates 2,000MW to Bitcoin mining, AI in landmark digital shift
This major development not only highlights Pakistan’s fast-growing involvement in the crypto space but also its intent to lead in digital finance innovation. With having one of the most vibrant freelancing economies across the globe, the nation is now coordinating its energy, technology, and regulatory domains to enable the next phase of digital disruption.
To facilitate this vision, the government has introduced a national Bitcoin wallet so that citizens can safely store and control their digital assets. In addition, 2,000 megawatts of electricity have been specifically allocated for cryptocurrency mining and artificial intelligence data centres — a game-changing move to attract tech entrepreneurs, autonomous miners, and blockchain companies from across the globe.
Also Read: Pakistan establishes digital assets authority to regulate $25b crypto market
Another historic step is the formation of the Pakistan Digital Asset Authority (PDAA), a regulatory body approved by the Ministry of Finance on May 21. PDAA will regulate crypto exchanges, wallets, stablecoins, and DeFi (decentralised finance) applications, formalizing a crypto market estimated at well over $25 billion.
The authority will also encourage the tokenisation of national assets, bringing in much-needed transparency and innovation while ensuring compliance with global standards like those set by the Financial Action Task Force (FATF).
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“The PDAA is a critical step in protecting global investors and formalising Pakistan’s role in the digital economy,” said Bilal bin Saqib. “We’re inviting the world to come and invest in our fast-growing tech ecosystem.”
The event also witnessed the participation of prominent U.S. political leaders, such as Vice President JD Vance and Eric and Donald Trump Jr., who were recognized for their work in fostering regional peace between Pakistan and India. Their support lent diplomatic heft to Pakistan’s emerging position as a responsible and progressive tech player in South Asia.
