Maps
Magazine

TRADE & ECONOMY

Pakistan Launches Bitcoin Reserve, Invites Global Crypto Investment
Pakistan unveils national bitcoin wallet at Bitcoin Vegas 2025, announces 2,000MW for mining & AI data centers. Special Assistant Saqib calls it a "tech-forward leap" for youth-driven digital Pakistan.
ND
by News Desk
2025-05-29
Pakistan Launches Bitcoin Reserve, Invites Global Crypto Investment

In a historic move at the Bitcoin Vegas 2025 conference in the United States, Pakistan’s newly appointed Special Assistant to the Prime Minister for Crypto and Blockchain, Saqib, announced the launch of a national bitcoin wallet, positioning Pakistan as one of the first countries to hold digital assets as part of its sovereign reserve.

Speaking before a high-profile audience that included US Vice President JD Vance, Eric Trump, and Donald Trump Jr, Saqib declared:

"Pakistan is no longer defined by its past. It is being reborn as a forward-looking hub of digital innovation — powered by its youth, sharpened by necessity, and led by a new generation of tech statesmen."

Sovereign Reserve & Power Allocation for Crypto

The bitcoin wallet, according to Saqib, already holds state-controlled digital assets, not for speculation, but to signal long-term confidence in decentralized finance. He added that 2,000 megawatts (MW) of surplus electricity had been earmarked in the first phase to power bitcoin mining and AI data centers, creating a powerful incentive for global investors and sovereign miners to partner with Pakistan.

This announcement follows months of preparation, including Saqib’s appointment as Chief Adviser to the Finance Minister and CEO of the Pakistan Crypto Council (PCC). In February 2025, the government revealed plans to establish a National Crypto Council, with Saqib leading its strategic roadmap.

Building the Pakistan Digital Assets Authority

Saqib is also spearheading the creation of the Pakistan Digital Assets Authority (PDAA) — a new regulatory body designed to:

·       Empower builders and developers

·       Protect crypto investors

·       Regulate Virtual Asset Service Providers (VASPs)

·       Oversee blockchain-based land records and financial governance

Saqib emphasized that the country is home to over 40 million crypto wallets and one of the largest and most active freelance economies in the world.

“If you’re building something real — come build it in Pakistan. Come build wallets for the unbanked. Come tokenise land. Come scale your mission with our youth and our unstoppable grit,” he told the global crypto community.

Global Recognition and a New Image

Saqib also thanked Donald Trump for his “peacemaking role” in the recent India-Pakistan tensions and his “commitment to crypto adoption.” He argued that both Pakistan and bitcoin have faced “bad PR,” but are now emerging as symbols of resilience and innovation.

“I’m not just here as a minister,” he said. “I’m here as the voice of a generation — a generation that is online, on-chain, and unstoppable.”

The Finance Division highlighted that this initiative is part of a broader national plan to:

·       Monetize surplus electricity

·       Create thousands of high-tech jobs

·       Attract billions in FDI

·       Generate substantial government revenue through crypto innovation

This landmark initiative is expected to reshape Pakistan’s digital economy, place it firmly on the Web3 map, and inspire a youth-powered leap into the decentralized future.
Tagged:

BitcoinReserve

CryptoPakistan

Web3Pakistan
Share News: