A Sydney-based policy think tank has highlighted Pakistan’s extensive efforts to strengthen ties with the US after diplomatic relations were downplayed during former US President Joe Biden’s term in office. According to the report, Pak-US relations had deteriorated to the point where Biden “did not even call Imran Khan, Pakistan’s Prime Minister from 2018 to 2022.”

 

The report further outlines that the Biden administration effectively downgraded the relationship with Pakistan, which did not improve remarkably even after Prime Minister Shehbaz Sharif took charge in Islamabad in 2024. According to the report, the restoration of friendly ties with the US came about as a result of Pakistan’s crypto ventures, which are viewed favorably by the new Trump administration as these ventures were “ in line with Trump’s agenda”. 

 

Since March 2025, Pakistan has made great leaps in the digital asset sphere. As per reports, Pakistan followed the US’s lead in adopting cryptocurrency, an endeavour that Washington, DC, embarked upon when US President Donald Trump stepped into the Oval Office. 

 

Mere days after the creation of a strategic bitcoin reserve by Trump, Islamabad created the Pakistan Crypto Council (PCC). In April, the PCC managed to sign a letter of intent with Trump-backed cryptocurrency venture World Liberty Financial (WLF), which, according to a press release from the Finance Ministry, would “accelerate blockchain innovation, stablecoin adoption and decentralised finance integration across Pakistan,”.

 

It merits a mention that Trump's family holds a 60 percent stake in WLF, effectively tying his family to crypto ventures in Pakistan. Pak-US ties reportedly grew stronger when the PCC’s Chief Executive Officer (CEO) and Minister for Crypto and Blockchain Bilal Bin Saqib hailed Donald Trump as the president who “saved crypto” at the Bitcoin Vegas 2025 event in Las Vegas.

 

During the Bitcoin Vegas 2025 event, the PCC’s CEO revealed Pakistan’s first-ever government-led Strategic Bitcoin Reserve to a crowd including other high-profile attendees from the Trump administration, like US Vice President JD Vance, Donald Trump Jr and Eric Trump.

 

The PCC’s CEO has also made efforts to establish better ties with the US by attempting to boost the inflow of investments from the global economic hegemon. The think tank’s report has highlighted the PCC’s CEO’s meeting with key White House officials, suggesting that the meeting helped strengthen diplomatic ties with the US.

 

The report has underlined how US President Donald Trump favoured Pakistan’s viewpoint during India’s unprovoked belligerence against Pakistan in May 2025, by reiterating how Pakistan shot down five of India’s jets. Moreover, Pakistan has managed to secure a tariff rate of just 19 percent by making a trade deal with the US, while India has been stiffed, as India’s exports to the US have been slapped with a tariff rate of 25 percent.