Pakistan, US explore ways for digital asset innovation

.


APP June 05, 2025
Minister of State for Crypto, Blockchain and CEO of the Pakistan Crypto Council Bilal Bin Saqib

print-news
Listen to article
ISLAMABAD:

Minister of State for Crypto and Blockchain and Pakistan Crypto Council CEO Bilal Bin Saqib has met with US President Donald Trump's Council of Advisers on Digital Assets Executive Director Robert Bo Hines at the White House and discussed strategic alignment of digital assets, bitcoin integration and the future of decentralised infrastructure.

During the meeting, both sides expressed shared interest in fostering collaboration between the US and Pakistan on digital asset innovation, regulatory coherence and emerging financial technologies, said a press release issued by the Ministry of Finance on Wednesday.

They also deliberated on ways to support innovation ecosystems that empower youth and accelerate economic inclusion through blockchain. Bo Hines leads the national policy development on digital asset innovation, regulation and emerging financial technologies. The meeting comes following Pakistan's announcement of creating the Strategic Bitcoin Reserve at the Bitcoin 2025 Conference in Las Vegas, which positions the country as one of the first in Asia to incorporate bitcoin into its sovereign asset strategy.

"I envision Pakistan to be a leader in the Global South for digital assets," Bilal Bin Saqib remarked. "From launching our Strategic Bitcoin Reserve to unlocking national infrastructure for crypto mining and AI data zones, Pakistan is building a real framework for digital asset adoption and economic modernisation."

The minister of state also visited the White House counsel office. Pakistan's broader strategy includes allocating 2,000 megawatts of electricity for bitcoin mining and artificial intelligence-driven data zones with the aim of converting surplus energy into economic growth, job creation and digital infrastructure.

As the global regulatory landscape evolves, Pakistan is taking clear, decisive steps to lead from the front, merging state policy, private innovation and international engagement to shape the next chapter of the global digital asset economy.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ