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.
The cryptocurrency market is experiencing a notable shift in capital flows as Bitcoin’s market dominance has dropped to 61.6%, marking a 2.36% decrease.
Corporate adoption of Bitcoin is gaining significant momentum, according to Bitwise Asset Management’s latest Q2 2025 report.
Bitcoin showed a brief bullish reaction to the June U.S. Producer Price Index (PPI) release at 12:30 UTC, but the move quickly lost steam as traders digested the broader implications of the data.
U.S.-listed spot Bitcoin ETFs continue to post strong inflows, recording their ninth consecutive day of net positive investment activity on Tuesday.