In a first-of-its-kind move, Pakistan has stepped into the global Bitcoin spotlight. Minister of State for Crypto & Blockchain, Bilal Bin Saqib, met with El Salvador’s President Nayib Bukele in San Salvador, the first ever official meeting between the two nations focused entirely on Bitcoin and digital asset cooperation.
The visit led to the signing of a Letter of Intent (LOI) between El Salvador’s Bitcoin Office and the Pakistan Crypto Council, paving the way for joint efforts in Bitcoin education, digital reserves, and regulatory policy making.
Bilal praised El Salvador’s bold Bitcoin experiment, saying it offers lessons for emerging economies like Pakistan. In return, President Bukele applauded Pakistan’s proactive approach and promised support for countries exploring financial sovereignty through Bitcoin.
This high-level meeting also aligns with Pakistan’s bigger digital agenda including the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA) and its recently announced Strategic Bitcoin Reserve.
Analysts are calling this the beginning of a new era of “Biplomacy” where Bitcoin meets diplomacy and see Pakistan positioning itself as a serious player in the future of global crypto innovation.
Aijaz Shah. ( Cyber Tech )