BitcoinSistemi 2025-06-16 06:38:09

New Move Comes from Surprise Country Rolling Up Sleeves for Bitcoin (BTC) Reserve! After CZ, Big Bull Meets with Michael Saylor!

As cryptocurrency adoption continues to grow in Asia, one of the South Asian countries, Pakistan, continues to take bold steps. Pakistan, which has made bold moves regarding Bitcoin (BTC), has now started talks with Strategy founder Michael Saylor. According to reports, Saylor met with Pakistani Finance Minister Muhammad Aurangzeb and the country’s Minister of State for Blockchain and Crypto Bilal Bin Saqib on Sunday for a meeting focused on Bitcoin. The meeting between the parties focused on the country's cryptocurrency policies and the possible use of Bitcoin as part of its national reserves. While voicing his support for Pakistan’s crypto efforts, Saylor stated that he is open to serving as an advisor for the country’s crypto strategy. Pakistan is making recent moves to become a crypto-friendly country, with the government setting up a crypto authority to regulate crypto last month. At this point, the official Bilal Bin Saqib announced at the Bitcoin 2025 Conference held in Las Vegas at the end of May that Pakistan will establish a strategic Bitcoin reserve. Related News: Surprise Country with Binance Founder CZ as Advisor Announces They Will Establish Bitcoin (BTC) Reserve! "Thank You USA!" This decision represents a significant shift from the Pakistani government’s previous stance that it would never legalize Bitcoin and cryptocurrencies, as Pakistan had previously maintained that cryptocurrencies would never be legal in the country. However, Pakistan's attitude towards crypto began to change earlier this year. The Pakistani government initially established a “National Crypto Council” in February 2025. This council was established to oversee the development of a comprehensive regulatory framework for cryptocurrencies and attract foreign investment. Afterwards, Binance founder Changpeng Zhao (CZ), one of the most influential names in the industry, was appointed as a Strategic Advisor to the Pakistan Crypto Council (PCC). Just three days after CZ’s appointment, Pakistan’s Finance Minister’s advisor Bilal Bin Saqib announced plans to allocate some of the country’s surplus electricity to Bitcoin mining and AI data centers. *This is not investment advice. Continue Reading: New Move Comes from Surprise Country Rolling Up Sleeves for Bitcoin (BTC) Reserve! After CZ, Big Bull Meets with Michael Saylor!