"Today is a very historic day," he said. "I announce that the Pakistani government is establishing its own government-led strategic reserve of Bitcoin. And we want to thank the United States once again, as we were inspired by them."

Bilal bin Saqib, head of the Pakistan Cryptocurrency Council, unveiled this initiative on Wednesday at the Bitcoin 2025 conference in Las Vegas. Saqib, in a speech to a full audience, praised the USA for its pioneering efforts.

Pakistan announced the creation of a government-led strategic reserve of Bitcoin, representing a dramatic shift from its previous stance against cryptocurrencies and signaling its intention to become a serious player on the global digital asset stage.

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