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Home»Bitcoin»Pakistan shocks the world with plans to launch Bitcoin Strategic Reserve
Bitcoin

Pakistan shocks the world with plans to launch Bitcoin Strategic Reserve

2025-05-29No Comments3 Mins Read
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  • Pakistan revealed plans to set a strategic BTC reserve and not to sell the interests.
  • About eight countries have BTC with a value of more than $ 57 billion from May 2025.

Pakistan has unveiled plans to set up a strategic Bitcoin [BTC] Reserve (SBR).

Speaking during the Bitcoin conference in Las Vegas, Bilal bin Saqib, the CEO of the Pakistani crypto -council (PCC) and special assistant of the Premier (SAPM) about blockchain and crypto, said”

“The Pakistani government sets up its own Bitcoin-Strategic Reserve, guided by the government. And the National BTC portion is not for speculation or hype. We will keep these BTCs and we will never sell them.”

Trump BTC effect?

SAQIB recognized the impact of President Donald Trump in space,

“He (Trump) could acknowledge that Bitcoin is not a threat, but an opportunity for innovation, freedom and sovereignty.”

The Trump administration in particular promised to set up a strategic BTC Reserve (SBR). Although the promise still has to be kept, the American movement aroused interest in other countries, including Pakistan.

However, Pakistan’s crypto interest goes beyond SBR. In March Saqib told Bloomberg that the country ‘was on the sidelines’ about matters of crypto and financial innovation.

As a result, he said that they insist on a legal framework to stimulate the adoption and investment of crypto.

Shortly thereafter, the PCC appointed Binance founder, CZ, as a strategic adviser. The Crypto; the country have been extended to Trump-Stundered World Liberty Financial (WLFI) in the recent partnership.

At the end of April, the province announced the PCC-Wlfi partnership, aimed at crypto-acceptance and blockchain-related experiments with tokenization, transfers, etc. Saqib”

“Our collaboration with WLFI is more than just a partnership; it is a strategic step to enable our young population and integrate Pakistan into the future of global finances.”

During the BTC conference, SAQIB added that Pakistan has around 40 million crypto users and that the young talent was a great opportunity.

See also  Bitcoin faces downward pressure as Mount Gox prepares for redemptions

According to the Crypto Adoption Report of Chainalysis’ 2024, the country was among the top ten thanks to the increased use of centralized exchanges.

That said, if the SBR is implemented, Pakistan would be at El Salvador, the Kingdom of Bhutan, the US and China as BTC holders, at El Salvador, as BTC holders.

Pakistan Bitcoin ReservePakistan Bitcoin Reserve

Source: Bitbo

In general, only eight countries have BTC, according to Bitbo collective more than $ 57 billion facts. Nation-State, in addition to institutional adoption, is expected to be an important catalyst for the benefit of BTC in the long term.

At the time of the press, BTC traded at $ 108k, an increase of 14% in the last thirty days and +40% compared to the LOS Point of April.

Next: EX-Cftc chairman warns: Crypto Still A ‘Wild West’ without federal authority

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