Pakistan sets up its first bitcoin reserve

In a major initiative, Pakistan has announced the establishment of its first government-backed Strategic Bitcoin reserve as it invited investment in the country’s crypto markets.

Pakistan Crypto Council CEO Bilal Bin Saqib made the announcement on Wednesday at the Bitcoin Vegas 2025 conference in Las Vegas, which was attended by US Vice President JD Vance and the sons of President Donald Trump, Eric and Donald Trump



Jr.

Saqib, who was recently appointed Special Assistant to the Prime Minister for Crypto and Blockchain, also called on global crypto builders to come and invest in Pakistan.

“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,” Saqib was quoted as saying in a statement issued by his office.