Pakistan Announces First Strategic Bitcoin Reserve: A Game-Changer for Digital Economy

Historic Move Towards Crypto Integration

Pakistan has made a bold leap in transforming its economy and technology landscape by unveiling the country’s first strategic Bitcoin reserve. This major announcement signals Pakistan’s commitment to embracing digital finance and blockchain technology for future economic growth.

Official Announcement at Bitcoin Vegas 2025

The announcement was made by Bilal bin Saqib, crypto assistant to Prime Minister Shehbaz Sharif, during the prestigious Bitcoin Vegas 2025 Conference. Addressing a global audience, Bilal bin Saqib emphasized Pakistan’s growing presence in the crypto space and the potential of its youthful demographic.

Pakistan’s Rising Crypto Adoption

Highlighting the nation’s digital shift, he stated: > “Our youth are online and on-chain. Pakistan, with over 40 million crypto wallets and an average age of 23 years, is now being recognized for its future rather than its past.”

Pakistan also boasts one of the most vibrant freelancing economies globally, strengthening its position in the digital finance sector.

National Bitcoin Wallet & Energy Allocation for Crypto Mining

To accelerate adoption, Pakistan’s government has launched a National Bitcoin Wallet, providing citizens with a secure platform for Bitcoin transactions. Additionally, 2,000 megawatts of electricity have been allocated exclusively for cryptocurrency mining and AI-powered data centers, fostering investment from global blockchain firms and autonomous miners.

Establishment of the Pakistan Digital Asset Authority (PDAA)

A pivotal development in Pakistan’s crypto journey is the formation of the Pakistan Digital Asset Authority (PDAA). This regulatory body, approved by the Ministry of Finance on May 21, aims to oversee and regulate the country’s informal crypto market, valued at over $25 billion.

PDAA’s Role in Strengthening Digital Finance

The PDAA will monitor: ✔️ Crypto exchanges ✔️ Wallet services ✔️ Stablecoins & DeFi applications

Furthermore, the authority will promote tokenization of national assets and debt while ensuring compliance with international regulations, such as the Financial Action Task Force (FATF) guidelines.

Bilal bin Saqib reinforced the significance of the PDAA, stating: > “The PDAA is a critical step in protecting global investors and formalizing Pakistan’s role in the digital economy.”

International Presence at the Event

Prominent figures attended the conference, including US Vice President JD Vance and Donald Trump’s sons, Eric Trump and Donald Trump Jr.. They were acknowledged for their contributions in easing regional tensions between Pakistan and India.

What is the Pakistan Digital Asset Authority?

The Pakistan Digital Asset Authority (PDAA) is a newly established regulatory body aimed at formalizing and securing Pakistan’s crypto industry. By setting compliance standards, the PDAA will ensure investor protection while fostering responsible innovation through tokenization and decentralized financial applications.