Pakistan Joins the Bitcoin Reserve Game—Following US Blueprint for National Crypto Strategy

Another nation jumps on the Bitcoin bandwagon—this time with a carbon-copy play from Washington’s playbook. Pakistan just unveiled plans for a national Bitcoin reserve, hedging against fiat volatility (and maybe hoping to catch some of that crypto magic).

Why now? With global central banks flirting with digital assets, Islamabad’s move screams FOMO—but can they avoid the pitfalls that sunk smaller economies? Spoiler: Wall Street sharks are already circling.

One cynical take? This reeks of desperation from a debt-laden government—because nothing solves inflation like speculative internet money. But hey, at least they’re not alone in the gamble.

Pakistan Moves to Create A Strategic Bitcoin Reserve

The announcement came during the bitcoin Conference 2025 in Las Vegas, Nevada. Bilal Bin Saqib, CEO of the Pakistan Crypto Council, revealed the initiative.

“Today, I announce the Pakistani government is setting up its own government-led Bitcoin Strategic Reserve, and we want to thank the United States of America again because we were inspired by them,” he said.

Today,rewrites history.

At Bitcoin 2025 Vegas, Minister of crypto and Blockchain @bilalbinsaqib announces that Pakistan will be setting up its Strategic Bitcoin Reserve. pic.twitter.com/1vNjryqimf

Saqib emphasized that the government will adopt a long-term holding strategy. He also clarified that the reserve will not be used for speculation or hype. 

“We will be holding these Bitcoins and we will never ever sell them,” he added.

Nevertheless, details regarding the size and starting date of Pakistan’s accumulation remain undisclosed. The revelation comes shortly after the country allocated 2,000 megawatts of electricity to support Bitcoin mining operations. The MOVE is expected to attract foreign investment and generate employment opportunities.

Meanwhile, these initiatives add to the government’s rigorous efforts to position Pakistan as a hub for cryptocurrency and blockchain innovation. Earlier in 2025, the government established the Pakistan Crypto Council to oversee industry development. 

In April, Binance’s founder and former CEO, Changpeng Zhao (CZ), joined as a strategic advisor to the council. This was followed by a partnership with Trump-backed World Liberty Financial (WLFI). The collaboration aims to accelerate blockchain, stablecoin, and decentralized finance (DeFi) growth across the country. 

To support regulatory oversight, the government also launched a Finance Ministry-backed regulatory body called the Pakistan Digital Assets Authority (PDAA) in late May 2025. This new body is tasked with overseeing the licensing and regulation of exchanges, custodians, wallets, tokenized platforms, stablecoins, and DeFi applications.

While Pakistan has taken a proactive approach, other countries are also stepping up. BeInCrypto reported that Ukraine is also planning to launch a national Bitcoin reserve. Moreover, similar initiatives are gaining ground in Japan, the Czech Republic, and Russia.