🇵🇰 Pakistan Embraces Bitcoin: A Historic First for the Islamic World 🚀
In a groundbreaking move, Pakistan has become the first Islamic country to announce the creation of a sovereign Bitcoin reserve — marking a historic step toward mainstream crypto adoption.
At the prestigious Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, Special Assistant to Pakistan’s Prime Minister on Web3 and crypto, unveiled the country’s decision to establish a Strategic Bitcoin Reserve, making Pakistan the first Muslim-majority nation to take such a leap.
🗣️ “This is more than just reserves—it’s a signal to the world that Pakistan is ready to embrace digital assets as a foundation for future innovation,” said Saqib.
What This Means
While Bitcoin has not yet been declared legal tender in Pakistan, this move marks a symbolic and strategic shift. The Bitcoin reserve is designed to be a non-speculative, long-term store of value using assets already in state custody.
Simultaneously, Pakistan has launched the Pakistan Virtual Assets Regulatory Authority (PVARA) under the Virtual Assets Ordinance 2025, a landmark step toward formal crypto regulation and licensing of VASPs (Virtual Asset Service Providers).
Crypto Momentum Accelerates 🇵🇰💸
Over the last few years, despite regulatory gray areas, Pakistan has consistently ranked in the top 10 globally for crypto adoption. With a young population, high mobile penetration, and rising remittance demand, the country has become a prime candidate for Web3 transformation.
The launch of PVARA and the sovereign Bitcoin reserve sends a strong message: Pakistan is ready to lead the crypto movement in the Islamic world.
What’s Next?
🔹 Regulation Incoming: While crypto is still technically banned under previous central bank guidance, recent moves indicate a shift toward regulated frameworks and eventual legalization.
🔹 Banking Integration: Authorities are exploring ways to integrate Bitcoin and stablecoins with banking, forex, and gold markets.
🔹 Islamic Finance Compatibility: Pakistan may pave the way for Shariah-compliant crypto frameworks, unlocking new possibilities across the Muslim world.
Final Thoughts
Pakistan’s embrace of Bitcoin isn’t just about tech—it’s about economic sovereignty, innovation, and a digital future for over 240 million people.
As regulation catches up with innovation, Pakistan’s crypto journey is only just beginning.
💬 Stay tuned on Binance for the latest in Pakistan’s evolving crypto story — and the rise of Bitcoin in the Muslim world.