- May 28, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The move represents a significant shift from the Pakistani government’s earlier position that cryptocurrencies would never be legalized.
Pakistan’s crypto minister, Bilal Bin Saqib, announced on May 28 that the country is establishing a Bitcoin strategic reserve.
Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government of Pakistan followed the United States’ lead in establishing a Bitcoin strategic reserve and is embracing pro-crypto regulatory policies. The government official told the audience:
The announcement represents a significant departure from the government of Pakistan’s previous stance on cryptocurrencies, holding that crypto would never be legal in the country.
