Pakistan sets up first government bitcoin reserve

Pakistan has taken a big step toward the digital future by creating its first government-backed Bitcoin reserve.

The news was shared by Bilal Bin Saqib, Pakistan’s Minister for Crypto and Blockchain and CEO of the Pakistan Crypto Council (PCC). He announced at Bitcoin Vegas 2025, the biggest Bitcoin event in the U.S.

Saqib introduced the “Strategic Bitcoin Reserve” and also revealed a national Bitcoin wallet. He said the digital assets in this wallet are already under government control and will be used as a long-term reserve—not for trading or selling. This shows Pakistan’s trust in decentralized finance like Bitcoin.

The Pakistan Crypto Council was created in March to help make laws for crypto trading and to attract foreign investment.

Last month, Pakistan also launched its first digital asset policy. This policy follows global standards to prevent money laundering and terror financing.

In addition, the government has approved the setup of the Pakistan Digital Assets Authority (PDAA) to regulate crypto and blockchain systems in the country.

While Pakistan is moving ahead with its digital plans, the U.S. Congress is also working on stablecoin regulations, and the crypto industry there is spending large amounts to shape future laws.

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