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The Coin Rise 2025-06-16 10:10:49

Michael Saylor Backs Pakistan Crypto Ambitions, Offers Advisory Role

Michael Saylor Backs Pakistan Crypto Ambitions, Offers Advisory Role

Pakistan government’s crypto ambitions just received a significant endorsement from one of the world’s most prominent Bitcoin advocates. Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), met with Pakistani Finance Minister Muhammad Aurangzeb and the State Minister for Blockchain and Crypto, Bilal Bin Saqib, on Sunday to discuss the country’s evolving crypto strategy. According to local outlet Dawn, Saylor expressed support for Pakistan’s vision and welcomed the opportunity to serve as an adviser on digital asset policy. In a video posted on X by a Finance Ministry official, Saylor praised Pakistan’s talent and entrepreneurial potential. “Pakistan has many brilliant people and a lot of people do business with you,” he said, encouraging the government to leverage its strengths to become a leader in Bitcoin policy. He cited Strategy’s own journey— accumulating 582,000 BTC worth over $61 billion—as a model Pakistan could follow, highlighting how intellectual leadership attracts global capital. Pakistan Eyes Global South Leadership Pakistan has taken several steps in recent months to embrace the digital asset economy. Last month, it launched a national crypto authority to regulate the space, and Saqib confirmed plans to establish a Bitcoin reserve for the country. Saylor assured the ministers that the international market would support such a move if it sees confident and credible leadership. “The market gave us billions because they trust us,” Saylor told Aurangzeb and Saqib. “If the world trusts you and hears your words, the capital and the capability will flow to Pakistan.” He added that once leadership is recognized in a sector, global investors rally behind it. “I think they’ll do it to Pakistan,” he said. Saqib described the meeting as a “milestone” in Pakistan’s journey to become a Web3-ready and Bitcoin-friendly emerging economy. He emphasized the need for Pakistan to model itself on Strategy’s success, asking, “If private individuals can build that in the US, why can’t Pakistan, as a nation, do the same? We have the talent, the story, and the energy.” Crypto Council Advances Legal Framework On June 6, the Pakistan Crypto Council—a government-backed body formed in March and headed by Saqib—presented a draft of the country’s new crypto legal framework . The Finance Ministry has agreed to fast-track its approval. The council aims to shape progressive policies that enable innovation while safeguarding investor interests. As Pakistan sets its sights on leading the Global South in digital asset adoption, Saylor’s backing adds momentum to its ambitious plans. The post Michael Saylor Backs Pakistan Crypto Ambitions, Offers Advisory Role appeared first on TheCoinrise.com .

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