Pakistan unveils first government-led bitcoin reserve

May 29, 2025 (MLN): Pakistan’s first government-led Strategic Bitcoin Reserve and with it, a radically new vision of the country on the global map was unveiled by Bilal Bin Saqib, the newly appointed Special Assistant to the Prime Minister on Blockchain and Cryptocurrency, during a keynote address at Bitcoin Vegas 2025.

Speaking in front of an elite audience that included U.S. Vice President JD Vance, Eric Trump, and Donald Trump Jr., Bilal revealed that the government is establishing a strategic Bitcoin reserve, signaling Pakistan’s long-term commitment to decentralized finance and its emergence as a tech-forward nation.

This wasn’t just a policy moment it was a rebranding of a nation, he added.

As Pakistan’s Minister for Crypto & Blockchain and CEO of the Pakistan Crypto Council, Bilal delivered a bold message: Pakistan is no longer defined by its past.

It is being reborn as a forward-looking hub of digital innovation powered by its youth, sharpened by necessity, and led by a new generation of tech statesmen.

“I’m not just here as a minister,” he said. “I’m here as the voice of a generation a generation that is online, on-chain, and unstoppable.”

At just 34 years old, Bilal has become a leading voice of a new Pakistan one with over 40 million crypto wallets, a median age of 23, and one of the largest and most active freelancer economies in the world.

While other leaders talk about potential, Bilal is unlocking it with bold national moves that place Pakistan at the center of the global crypto conversation, according to the press release.

He 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 that reflects a 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.

Additionally, he revealed that the Government of Pakistan 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 is 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.

“Both Pakistan and Bitcoin have suffered from bad PR,” he declared. “But if you look past the headlines, you’ll see something else: talent, resilience, and vision.”

His speech marked a historic moment for Pakistan and served as a call to global builders: If you’re building something real come build it in Pakistan.

Come build wallets for the unbanked. Come tokenize land. Come scale your mission with our youth and our unstoppable grit.

As global eyes turned to Las Vegas, Bilal Bin Saqib delivered more than a keynote.

He presented 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.

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