Pakistan, U.S. pledge cooperation on digital asset innovation

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MG News | June 04, 2025 at 10:23 AM GMT+05:00

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June 04, 2025 (MLN): Pakistan and the U.S. expressed a shared interest in fostering collaboration between the two nations on digital asset innovation, regulatory coherence, and emerging financial technologies.

This was discussed during a meeting between Bilal Bin Saqib, Pakistan’s Minister of State for Crypto & Blockchain and CEO of the Pakistan Crypto Council, and Robert ‘Bo’ Hines, Executive Director of President Trump’s Council on Digital Assets, at the White House.

The meeting focused on strategic alignment regarding digital assets, Bitcoin integration, and the future of decentralized infrastructure, as per the press release issued today.

They also explored ways to support innovation ecosystems that empower youth and accelerate economic inclusion through blockchain technology.

The meeting comes on the heels of Pakistan’s headline-making announcement of its Strategic Bitcoin Reserve (SBR) at the Bitcoin 2025 Conference in Las Vegas, positioning the country as one of the first in Asia to incorporate Bitcoin into its sovereign asset strategy.

“I envision Pakistan to be a leader in the Global South for Digital Assets,” said Minister Bilal Bin Saqib.

“From launching our Strategic Bitcoin Reserve to unlocking national infrastructure for crypto mining and AI data zones, Pakistan is building a real framework for digital asset adoption and economic modernization”, he added.

Minister Bilal also met with the White House Counsel’s Office.

Pakistan’s broader strategy includes allocating 2,000 megawatts to power Bitcoin mining and AI-driven data zones, aiming to convert surplus energy into economic growth, job creation, and digital infrastructure.

As the global regulatory landscape evolves, Pakistan is taking clear, decisive steps to lead from the front, merging state policy, private innovation, and international engagement to shape the next chapter of the global digital asset economy.

Bo Hines serves as the Executive Director of the U.S. President’s Council of Advisors for Digital Assets at the White House, where he leads national policy development on digital asset innovation, regulation, and emerging financial technologies.

Appointed by President Trump in January 2025, he works alongside Council Chair David Sacks to position the U.S. as a global leader in cryptocurrency and blockchain strategy.

Copyright Mettis Link News

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