Pakistan Unveils First-Ever National Bitcoin Reserve and Digital Asset Authority

In a groundbreaking announcement made at the Bitcoin Vegas 2025 Conference, Pakistan has declared its entry into the global crypto arena with the creation of its first strategic Bitcoin reserve. The announcement was made by Bilal bin Saqib, Crypto Assistant to Prime Minister Shehbaz Sharif.

Bilal emphasized Pakistan’s young, tech-savvy population with over 40 million crypto wallets, positioning the country as a growing hub for blockchain adoption. “Our youth are online and on-chain,” he stated, highlighting Pakistan’s readiness for a digital transformation.

In support of this vision, the government has also launched a national Bitcoin wallet and allocated 2,000 megawatts of electricity to power AI and crypto mining data centres, encouraging global investment in Pakistan’s digital future.

One of the most critical developments was the establishment of the Pakistan Digital Asset Authority (PDAA), approved by the Ministry of Finance on May 21. This body will regulate Pakistan’s estimated $25 billion informal crypto market and ensure compliance with global standards such as the Financial Action Task Force (FATF) regulations.

The PDAA will oversee crypto exchanges, wallets, stablecoins, and DeFi applications, and will play a central role in tokenizing national assets and debt instruments.

The announcement was made in the presence of high-profile guests including US Vice President JD Vance and Donald Trump Jr. and Eric Trump, who were acknowledged for their support in promoting regional stability and encouraging cross-border innovation.

“This is not just a leap—it’s a digital revolution. Pakistan is now open for global crypto business,” concluded Bilal bin Saqib.