Hajra Naz
Pakistan has revealed plans to establish its first-ever government-led Bitcoin Strategic Reserve, as announced by Minister of State for Finance Bilal Bin Saqib at the Bitcoin2025 conference held in Las Vegas on Wednesday. He said during his speech at the event.
“Today, I’m announcing that the Pakistani government is setting up its own Bitcoin strategic reserve,”
Bilal explained that Pakistan is drawing inspiration from the United States’ pro-crypto regulatory stance. He also announced the launch of a National Bitcoin Wallet, which will hold digital assets already in the government’s custody.
He emphasized that this reserve is not meant for trading or speculation but rather to serve as a long-term sovereign asset, showing confidence in decentralized finance. He stated.
“The National Bitcoin Wallet is not for speculation or hype. We will hold these Bitcoins, and we will never sell them,”
Bilal also thanked President Donald Trump. He praised him for supporting global crypto adoption and helping ease recent India-Pakistan tensions.
However, Bitcoin is not recognized as legal tender by the State Bank of Pakistan. The minister did not explain how the reserve would be created under current laws.
