Pakistan has announced a strategic reserve of Bitcoin.

This move represents a significant shift from the previous stance of the Pakistani government that cryptocurrencies would never be granted legal status.

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Pakistan has announced a strategic reserve of Bitcoin.

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Bilal Bin Saqib, the head of Pakistan's Crypto Council, announced on May 28 that the country is moving towards establishing a strategic Bitcoin reserve.

Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib stated that the Government of Pakistan is following the lead of the United States in establishing a Bitcoin strategic reserve and adopting crypto regulatory policies. The official told the attendees:

"Today is a very historic day. Today, I announce that the Pakistani government is establishing a Bitcoin strategic reserve under its leadership, and we would like to thank the United States again as we were inspired by them."

This announcement represents a significant departure from the previous position of the Government of Pakistan regarding cryptocurrencies, which stated that crypto would never be legal in the country.

Pakistan's...