In a first, Pakistan establishes its govt-led strategic Bitcoin reserve

Pakistan Crypto Council (PCC) has unveiled the country’s first government-led atrategic Bitcoin reserve, overseen by a regulatory body to protect investors, empower developers and build a secure framework for digital finance in the country.

The PCC Chief executive, Bilal Bin Saqib, who was recently appointed as Special Assistant to the Prime Minister for Crypto and Blockchain, with the status of minister of state, said that “Pakistan is no longer defined by its past”. 

It [Pakistan] 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,” says Bilal, who has been on a tour of the United States for Pakistan’s investment in Crypto stated.

Read: Bilal bin Saqib appointed as SAPM on blockchain, crypto

“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.”

The PCC CEO, in his address, unveiled plans for a national Bitcoin wallet. This initiative aims to establish a sovereign reserve for "digital assets already in state custody, not for sale or speculation," , demonstrating a long-term commitment to "decentralised finance."

For landmark achievement, Bilal Saqib expressed special gratitude to US President Donald Trump for eliminating conflict and for his commitment to crypto adoption. 

He announced that in the first phase, the government had allocated 2,000 megawatts of excess electricity for bitcoin mining and AI data centres, paving the way for participation from sovereign miners, tech companies, and global clean energy collaborators.

Read: Pakistan Crypto Council inks landmark agreement with Trump-Backed World Liberty Financial

The statement highlighted that Pakistan hosts over 40 million crypto wallets and boasts one of the world’s largest and most dynamic freelancer communities.

It also mentioned that Bilal Saqib was spearheading the establishment of the Pakistan Digital Assets Authority (PDAA), a regulatory body aimed at supporting innovation, safeguarding investors, and building a structured digital finance ecosystem for the future.