Once opposed to digital currencies, Pakistan is now taking a sharp turn toward Bitcoin adoption.
In a surprise reveal at the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, head of the nation’s Crypto Council, announced that the government will establish a state-run Bitcoin reserve—an initiative inspired by recent U.S. policy moves.
This pivot marks a major reversal for a country that previously dismissed crypto as illegitimate. Now, Pakistan is not only welcoming digital assets but also actively building the infrastructure to support them.
The shift began earlier this year when officials proposed a national crypto council to shape regulation and attract global investment. Since then, key steps have included dedicating excess power capacity—2,000 megawatts—to Bitcoin mining and data centers, and outlining plans to acquire BTC for a national treasury.
To guide its efforts, Pakistan has enlisted major names in the space. Binance co-founder Changpeng Zhao joined as an advisor in April, while Trump-backed World Liberty Financial signed an agreement to assist with asset tokenization and DeFi development.
Most recently, the Ministry of Finance greenlit the formation of a Digital Asset Authority to oversee licensing and regulation of crypto platforms. With a coordinated effort now in motion, Pakistan is rapidly positioning itself as a rising player in the global digital economy.
Institutional interest in Bitcoin is heating up again, with major asset managers making massive moves.
Tokyo-listed Metaplanet has kicked off its aggressive Bitcoin acquisition plan by securing 74.9 billion yen ($515 million) through new share issuance — the first step in its bid to own 1% of Bitcoin’s total supply.
Trump Media & Technology Group (TMTG), the company behind Truth Social, is ramping up its entry into the crypto investment world.
Investor enthusiasm for U.S.-listed spot Bitcoin ETFs has reached a fresh high, with over $2.2 billion pouring in over the past 11 trading days.