Pakistan Initiates National Bitcoin Reserve Program

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The Government of Pakistan has authorized the creation of a sovereign Bitcoin reserve, announced Bilal Bin Saqib, Chairman of Pakistan’s National Crypto Council, during his keynote address at the Bitcoin 2025 conference in Las Vegas on May 28.

Saqib emphasized the strategic nature of this decision, stating:

“This initiative marks a pivotal moment in Pakistan’s economic modernization efforts. Our government-led Bitcoin Strategic Reserve follows the successful model implemented by the United States.”

The announcement signifies a complete reversal from Pakistan’s previous prohibitionist stance on cryptocurrency adoption.