Market News

US-Pakistan Collaboration on Crypto: A New Era for Digital Assets

In a groundbreaking meeting, Bilal Bin Saqib, Pakistan’s Minister for Crypto and Blockchain, engaged with Robert “Bo” Hines, Executive Director of Trump's Council on Digital Assets, to explore U.S.-Pakistan cooperation in the cryptocurrency sector.

The discussions centered on potential partnerships and shared interests in decentralized finance (DeFi) and Bitcoin’s integration into national economic strategies.

Saqib expressed his ambition to position Pakistan as a global leader in digital assets, pledging to create a Strategic Bitcoin Reserve (SBR) aimed at enhancing economic growth through cryptocurrency.

To support these initiatives, Pakistan plans to allocate 2,000 megawatts of electricity for crypto mining and AI zones, a significant infrastructure commitment that underlines the nation's focus on digital transformation.

Additionally, Pakistan's Finance Ministry recently approved the establishment of a dedicated regulatory body to oversee all cryptocurrency-related activities, aiming to craft a comprehensive legal framework.

Both Saqib and Hines indicated a shared vision for empowering youth and fostering economic inclusion through innovative blockchain ecosystems, highlighting the mutual benefits of this collaboration.

Pakistan's alignment with the U.S. on virtual asset strategies was further emphasized by separate discussions held with the White House Counsel’s Office.

The announcement of Pakistan's SBR at the Bitcoin 2025 conference positions the nation as the first Asian country to integrate Bitcoin within its sovereign asset portfolio.

As Pakistan solidifies its crypto leadership position, the ongoing dialogue with U.S. counterparts marks the start of a potentially transformative era in digital finance for both nations.

With dedicated efforts towards infrastructure, regulatory frameworks, and international cooperation, the U.S. and Pakistan may redefine the landscape of digital assets in Asia and beyond.