Pakistan launches state-backed Bitcoin reserve, invites crypto investment at Bitcoin Vegas 2025

In a bid to integrate digital assets into the formal economic structure of the country, the Pakistan Crypto Council (PCC) has revealed Pakistan’s first ever government-led Strategic Bitcoin Reserve. According to reports, PCC Chief Executive Officer (CEO) Bilal Bin Saqib made the announcement during a keynote speech at Bitcoin Vegas 2025 in Las Vegas, United States.

The PCC CEO delivered his speech to a crowd including high profile attendees such as United States Vice President JD Vance, Donald Trump Jr and Eric Trump. Reports reveal that the PCC’s CEO is attempting to garner investment inflows into domestic crypto markets.

He outlined the intentions behind creating a crypto wallet, highlighting how holding digital assets by the state was “not for sale or speculation, but as a sovereign reserve signalling long-term belief in decentralised finance.” Pakistan’s move comes after the United States (US) created its own strategic reserve in early March 2025, upon the election of Donald Trump as President of the US.

He acknowledged taking inspiration from the United States in establishing the national wallet, stating, “We want to thank the United States of America again because we are getting inspired by them.” He also thanked US President Donald Trump for his commitment to adopt crypto.

However, he attempted to highlight Pakistan’s initiatives as well, mentioning how the federal government recently allocated 2,000 megawatts of surplus power to crypto mining and to power artificial intelligence data centers.

He also cleared Pakistan’s image which has been tarnished because of negative PR and media coverage by shining a positive light onto Pakistan. Reports indicate that he requested everyone to “look past the headlines” as it would allow them to see “talent, resilience, and vision.”

Moreover, in a statement issued by his office, he said that the country is “no longer defined by its past” and that ongoing advancements will transform Pakistan into a hub of digital innovation. He urged international crypto builders to bring their investments to Pakistan, stating, “If you’re building something real — come build it in Pakistan.”

He suggested that crypto builders could tokenize land and “build wallets for the unbanked”. If builders heed his advice, Pakistan could witness a sizable influx of foreign direct investment (FDI), to the tune of billions of dollars, along with a potential increase in employment opportunities.

During his speech at Bitcoin Vegas 2025, the PCC CEO revealed a blueprint which placed Pakistan “as a  tech-forward, youth-powered, and opportunity-rich nation ready to lead”.