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ISLAMABAD, May 29 (APP):Minister for Crypto and Blockchain, Bilal Bin Saqib, has announced the establishment of the country’s first Strategic Bitcoin Reserve, marking a significant step toward positioning the nation as a global hub for digital innovation.
Addressing the Bitcoin Vegas 2025, Bilal said that Pakistan was no longer defined by its past, adding that it was being as a forward-looking hub of digital innovation, powered by its youth, sharpened by necessity and led by a new generation of tech statesmen, said a press release issued by the Ministry of Finance.
I am not just here as a minister, I am here as the voice of a generation, a generation that is online, on-chain and unstoppable, he added.
Bilal also announced the establishment of a national Bitcoin wallet, holding digital assets already in state custody, not for sale or speculation, but as a sovereign reserve signaling long-term belief in decentralized finance.
He also thanked President Donald Trump for his role as a peacemaker in the recent India-Pakistan conflict and for his commitment to crypto adoption.
He further said that the government has allocated 2,000 megawatts of surplus electricity in Phase 1 for Bitcoin mining and AI data centers, opening doors to sovereign miners, tech firms and clean energy partners around the world.
To harness this momentum, Bilal was also leading the creation of the Pakistan Digital Assets Authority (PDAA), a regulatory body designed to empower builders, protect investors and formalize digital finance frameworks for the future.
He delivered a blueprint for the future of emerging markets in Web3, one that positions Pakistan as a tech-forward, youth-powered and opportunity-rich nation ready to lead.