Key Takeaways:
- Pakistan announced the creation of a government-led Bitcoin Strategic Reserve, reversing its prior anti-crypto stance.
- The country allocated 2,000 MW of surplus energy for Bitcoin mining and appointed Binance co-founder CZ as an adviser.
- A new Digital Asset Authority has been formed to regulate crypto platforms and licensing in Pakistan.
Pakistan has announced the creation of a government-led Bitcoin Strategic Reserve, marking a major policy reversal from its previous anti-crypto stance.
The news was revealed by Bilal Bin Saqib, head of Pakistan’s crypto council, during the Bitcoin 2025 conference in Las Vegas on May 28.
🇵🇰 PAKISTAN JUST ANNOUNCED TO ESTABLISH A STRATEGIC #BITCOIN RESERVE
— Vivek⚡️ (@Vivek4real_) May 28, 2025
WHAT A TIME TO BE ALIVE!!! pic.twitter.com/qOehhOCAFk
He stated that Pakistan is following the United States’ lead, particularly its initiatives under former President Donald Trump, in embracing crypto-friendly regulations.
This move builds on efforts launched in early 2025, when Pakistan proposed forming a “National Crypto Council” to create a regulatory framework for digital assets and attract foreign investment.
One major initiative includes the allocation of 2,000 megawatts of surplus energy for Bitcoin mining and high-performance computing.
Notably, Binance co-founder Changpeng Zhao joined the council as an adviser in April, offering guidance on crypto regulation, blockchain infrastructure, and digital asset adoption.
In May, the Ministry of Finance launched a new Digital Asset Authority to regulate crypto platforms and manage licensing.
Pakistan also signed a letter of intent with World Liberty Financial (WLFI), a DeFi initiative tied to Trump, to assist in tokenizing real-world assets and building decentralized finance frameworks.