Pakistan has taken a big step into the world of digital finance by launching its first government-backed Bitcoin reserve. The announcement was made by Bilal Bin Saqib, who is the Special Assistant to the Prime Minister on Blockchain and Crypto, during the Bitcoin Vegas 2025 event.
Along with this major announcement, he also introduced a national Bitcoin wallet. This wallet will be used to store the country’s official digital assets. In another big move, Pakistan plans to use 2,000 megawatts of extra electricity for Bitcoin mining and artificial intelligence (AI) data centers. This decision could help boost the economy and make good use of the country’s energy resources.
This bold initiative shows Pakistan’s growing interest in becoming a key player in the global crypto market. One of the main goals is to help over 100 million people in Pakistan who don’t have access to regular banking services. By using blockchain and digital currencies, the government hopes to bring financial services to people who were previously left out.
To manage this new digital direction, Pakistan is setting up a new body called the Pakistan Digital Assets Authority (PDAA). This authority will be responsible for regulating and guiding all blockchain-based financial activities in the country.
With this move, Pakistan is making its presence known in the digital finance world. It’s a strong sign that the country is ready to use modern technology to create more opportunities and support financial inclusion.
