At the bitcoin2025 conference in Las Vegas on Wednesday, Minister of State for Finance Bilal Bin Saqib said that Pakistan intends to create a government-led Bitcoin Strategic Reserve.
Bilal said during a conference:
“Today I will announce that the Pakistani government is setting up its own government-led Bitcoin strategic reserve,”
He claimed that Pakistan is adopting a pro-crypto regulatory stance, drawing influence from the US.
Bilal signaled a long-term belief in decentralized banking by announcing the creation of a national Bitcoin wallet that would retain digital assets already in state custody—not for sale or speculation, but as a sovereign reserve.
Additionally, he expressed gratitude to President Donald Trump for his support to the adoption of cryptocurrency and for mediating the recent India-Pakistan crisis.
Bilal also said:
“This wallet, the National Bitcoin wallet, is not for speculation or hype. We will be holding these Bitcoins, and we will never ever sell them.
It is important to note that the Minister of State, who also serves as the CEO of the newly established Pakistan Crypto Council, did not elaborate on the government’s plans to establish a strategic reserve for Bitcoin, given that the central bank has yet to acknowledge the digital currency as legal money.
