Business Desk 
Jun 05, 2025
Pakistan has become one of the first countries in South Asia to formally announce a strategic Bitcoin reserve and has officially entered the rapidly emerging realm of cryptocurrency.
“In my capacity as the Deputy Special Assistant to the Prime Minister on crypto and blockchain, I am happy to say that Pakistan is not piloting the various forms of digital assets anymore. This government is fully committed to advancing cryptocurrencies and blockchain technology in Pakistan, and with complete government support," Bilal bin Saqib, PM's Special Assistant on Crypto and Blockchain and also CEO of the Pakistan Crypto Council (PCC), explained.
Pakistan strategic Bitcoin reserve
Saqib's announcement coincides with the news from the US government. Just three months ago, the Biden administration also announced a 'strategic Bitcoin reserve'.
Meanwhile, India is still working on a crypto policy paper it has been threatening to publish for years and expects to release in June 2025.
"This has been delayed so frequently, it sounds like a parody poem at this point," Bilal noted.
On Thursday, a further meeting of the Pakistan Crypto Council was held at the Finance Division. This meeting was chaired by Finance Minister Muhammad Aurangzeb and included delegates from the State Bank of Pakistan (SBP), Securities and Exchange Commission of Pakistan (SECP), Law Ministry, and Ministry of IT.
During the meeting, the Ministry of Law and Justice presented a draft of Pakistan’s proposed legal framework for digital and virtual assets.
The new rules aim to set up clear systems for licensing, investor protection, and governance, following global standards.
Minister Aurangzeb praised the joint effort and called for swift approval of the framework to give legal clarity and attract investment.
