Pakistan is taking significant steps to integrate cryptocurrencies into its financial strategy, drawing inspiration from the United States' recent initiatives. The country is considering the establishment of a National Strategic Bitcoin Reserve, aiming to bolster its foreign exchange reserves and reduce reliance on traditional assets like gold and the U.S. dollar. This move is part of a broader effort to recognize digital currencies as strategic assets and develop comprehensive regulatory frameworks to support their adoption .
The Pakistan Crypto Council (PCC), established in March 2025, is at the forefront of this initiative. Under the leadership of Bilal Bin Saqib, the PCC is working to create a safe investment ecosystem for digital assets, aiming to position Pakistan as a leader in the digital financial revolution . The council is also exploring the use of blockchain technology to streamline remittance processes, which are a significant source of income for the country .
While the State Bank of Pakistan has previously prohibited cryptocurrency trading, the government's current stance indicates a shift towards embracing digital currencies. The proposed Bitcoin reserve would not involve purchasing new assets but would utilize existing holdings, aligning with global trends and potentially enhancing Pakistan's financial resilience .
This strategic move reflects Pakistan's ambition to leverage digital assets for economic growth and financial stability, mirroring similar initiatives by other nations.
