Pakistan's Strategic Bitcoin $BTC Reserve:
The country has launched its first government-backed strategic Bitcoin reserve, marking a significant shift in its stance on cryptocurrencies.
🧩Key Features:
👉Allocation of Energy: 2,000 megawatts of surplus energy allocated in Phase 1 to support Bitcoin mining operations and artificial intelligence (AI) data centers.
👉Purpose: The reserve will hold digital assets already in state custody, not for sale or speculation, but as a sovereign reserve signaling long-term belief in decentralized finance.
🧩Regulatory Framework:
👉Digital Asset Authority: Pakistan's Ministry of Finance has commissioned the creation of the Digital Asset Authority to oversee licensing and regulation of crypto platforms.
👉Regulatory Body: The authority will formalize digital finance frameworks, empower builders, and protect investors.
🧩Partnerships and Collaborations:
👉World Liberty Financial: Trump-backed decentralized finance protocol signed a letter of intent to support Pakistan's tokenization of real-world assets and development of DeFi infrastructure.
👉Global Investment: Pakistan is seeking investment in its crypto markets, with over 40 million crypto wallets and a large freelancer economy.
👉Inspiration: The move follows the US government's example in establishing a Bitcoin strategic reserve, reflecting a broader shift towards pro-crypto policy.