Business Desk 
Aug 02, 2025
In a groundbreaking development in the realm of digital currency, Pakistan and Kyrgyzstan have agreed to strengthen their cooperation in crypto and blockchain technologies.
The agreement was signed during a high-level video conference between Bilal Bin Saqib, Pakistan's state minister for crypto and blockchain, and Farkhat Iminov, the Kyrgyz director of the National Investment Agency.
During the meeting, Saqib highlighted the importance of Kyrgyzstan as a partner in developing innovative regulatory frameworks for digital assets, Business Recorder reported.
The move has emerged in the wake of Pakistan being proactive in creating a structured regulatory environment for digital currencies, coupled with the establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA) and the announcement of a Strategic Bitcoin Reserve earlier this year.
In a similar move, taking place days ahead of this agreement, Saqib met with Executive Director of President Trump’s Council on Digital Assets Robert Bo Hines to discuss global crypto policy coordination and Pakistan’s ambitions of becoming a regional hub for Web3 innovation.
Earlier this year, Saqib also visited the US in June and engaged with prominent lawmakers and officials.
Saqib met with El Salvador’s President Nayib Bukele last month to discuss the country's experience as the first to adopt Bitcoin as legal tender, while reflecting on how Pakistan could make the most of its digital asset regulations.
