Business Desk 
May 29, 2025
In what seems to be a strategic move towards embracing cryptocurrency, Minister of State for Finance Bilal Bin Saqib has announced that Pakistan will create its own government-led Bitcoin Strategic Reserve.
The disclosure about the state-backed Bitcoin Reserve was made at the bitcoin2025 conference held on May 28 in Las Vegas.
The Pakistan Crypto Council (PCC) CEO stated that the initiative is being undertaken to make Pakistan standout within the booming cryptocurrency framework globally. The objective is reminiscent of the US' ongoing strides towards a crypto-friendly regime.
It was also learned that the government of Pakistan will establish a National Bitcoin wallet, which will contain digital assets currently in state custody.
Bilal outlined that the reserve is not for the purpose of trading or hype. “We will be holding these Bitcoins and we will never ever sell them,” he explained.
On the sidelines of giving a sneak peek into the future of cryptocurrencies in Pakistan, he expressed gratitude to US President Donald Trump for promoting peace during the recent India-Pakistan war and favouring cryptocurrency adoption.
It is noteworthy that it has not been clarifed how the government plans to establish this strategic reserve given that the central bank does not recognise Bitcoin as legal tender.
