Aaj News

Pakistan launches first govt-backed Bitcoin reserve

Bilal Bin Saqib commends Donald Trump for his role in promoting peace between Pakistan, India
Published 29 May, 2025 02:08pm
Screengrab
Screengrab

Pakistan made a move in the digital economy by announcing the establishment of its first government-backed Bitcoin reserve.

The Prime Minister’s Special Assistant on Blockchain and Crypto, Bilal bin Saqib, revealed this strategic initiative at the Bitcoin Vegas 2025 international event.

During the announcement, Bilal bin Saqib expressed appreciation for US President Donald Trump, crediting him for his efforts to foster peace amid recent Pakistan-India tensions and for his influence in the growing global acceptance of cryptocurrency.

He highlighted that Pakistan is evolving beyond its geographical boundaries, transforming into a digital movement spearheaded by the youth.

“We are not prisoners of the past but architects of the future,” he stated, emphasizing his role as a voice for the new generation rather than just a minister.

Read more

Muhammad Aurangzeb: Pakistan to build a future-ready crypto ecosystem

Pakistan to legalize cryptocurrency in effort to attract intl investment

Kuwait issues stern warning against illegal cryptocurrency mining

Bilal bin Saqib noted that Pakistan is no longer just a consumer market but has emerged as a pivotal hub in the global blockchain revolution.

He also announced that the Government of Pakistan will allocate 2000 megawatts of electricity to support the development of the digital economy, ensuring the necessary energy resources for blockchain and crypto industries.

Donald Trump

Pakistan

bitcoin

US President

Crypto