Pakistan Establishes Sovereign Bitcoin Reserve in Policy Reversal

The Government of Pakistan has authorized the creation of a national Bitcoin strategic reserve, Crypto Council Chairman Bilal Bin Saqib announced May 28 at the Bitcoin 2025 conference in Las Vegas.

The move marks a dramatic shift from Pakistan’s previous anti-cryptocurrency stance.

“Today represents a historic moment for our nation,” Saqib stated. “Following the example set by the United States, Pakistan is instituting a government-backed Bitcoin reserve as part of our new digital asset strategy.”

This development follows February’s proposal for a National Crypto Council to develop cryptocurrency regulations and stimulate foreign investment in Pakistan’s digital economy.