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Coin Edition 2025-05-29 19:15:00

Pakistan Unveils Strategic Bitcoin Reserve and National Wallet at Bitcoin 2025 Event

Pakistan Unveils Strategic Bitcoin Reserve and National Wallet at Bitcoin 2025 Event

Pakistan allocated 2,000MW to support national Bitcoin mining and AI data centers. Pakistan unveils sovereign Bitcoin wallet to hold long-term, non-tradable BTC reserves. Pakistan formed the Digital Assets Authority to regulate blockchain and crypto finance. At the Bitcoin 2025 conference in Las Vegas on May 28, Bilal Bin Saqib, head of Pakistan’s National Crypto Council, declared that the country has established a Bitcoin reserve. By making this decision, the government is shifting its previous stance, where officials had rejected cryptocurrency as a legal option. Speaking at the event, Saqib revealed the establishment of Pakistan’s first sovereign Bitcoin wallet. He clarified that the assets would not be used for speculation or trading. “We will be holding these bitcoins and we will never, ever sell them,” he stated during the keynote address. This strategic reserve mirrors the United States’ recent initiative under the Trump administration. In March, Trump proposed the U.S. “Digital Fort Knox” plan, which would utilize seized assets to establish a government-controlled Bitcoin treasury. Saqib confirmed Pakistan is closely observing U.S. deve… The post Pakistan Unveils Strategic Bitcoin Reserve and National Wallet at Bitcoin 2025 Event appeared first on Coin Edition .

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