Pakistan Follows US Lead with National Strategic Bitcoin Reserve Initiative
Pakistan Crypto Council's CEO announces a government-led Strategic Bitcoin Reserve inspired by the US, combining long-term Bitcoin holding with strong crypto regulation and mining support.
Pakistan, the 42nd largest economy by nominal GDP, is set to launch a government-led Strategic Bitcoin Reserve (SBR)
This initiative draws inspiration from US President Donald Trump’s decision to create an SBR in March, signaling increased governmental interest in integrating Bitcoin into national economic frameworks.
Pakistan Moves to Create A Strategic Bitcoin Reserve
The announcement came during the Bitcoin Conference 2025 in Las Vegas, Nevada. Bilal Bin Saqib, CEO of the Pakistan Crypto Council, revealed the initiative.
“Today, I announce the Pakistani government is setting up its own government-led Bitcoin Strategic Reserve, and we want to thank the United States of America again because we were inspired by them,” he said.
Today,
— Pakistan Crypto Council (@cryptocouncilpk) May 29, 2025rewrites history. At Bitcoin 2025 Vegas, Minister of Crypto and Blockchain @bilalbinsaqib announces that Pakistan will be setting up its Strategic Bitcoin Reserve. pic.twitter.com/1vNjryqimf
Saqib emphasized that the government will adopt a long-term holding strategy. He also clarified that the reserve will not be used for speculation or hype.
“We will be holding these Bitcoins and we will never ever sell them,” he added.
Nevertheless, details regarding the size and starting date of Pakistan’s accumulation remain undisclosed. The revelation comes shortly after the country allocated 2,000 megawatts of electricity to support Bitcoin mining operations. The move is expected to attract foreign investment and generate employment opportunities.
Meanwhile, these initiatives add to the government’s rigorous efforts to position Pakistan as a hub for cryptocurrency and blockchain innovation. Earlier in 2025, the government established the Pakistan Crypto Council to oversee industry development.
In April, Binance’s founder and former CEO, Changpeng Zhao (CZ), joined as a strategic advisor to the council. This was followed by a partnership with Trump-backed World Liberty Financial (WLFI). The collaboration aims to accelerate blockchain, stablecoin, and decentralized finance (DeFi) growth across the country.
To support regulatory oversight, the government also launched a Finance Ministry-backed regulatory body called the Pakistan Digital Assets Authority (PDAA) in late May 2025. This new body is tasked with overseeing the licensing and regulation of exchanges, custodians, wallets, tokenized platforms, stablecoins, and DeFi applications.
While Pakistan has taken a proactive approach, other countries are also stepping up. BeInCrypto reported that Ukraine is also planning to launch a national Bitcoin reserve. Moreover, similar initiatives are gaining ground in Japan, the Czech Republic, and Russia.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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