Pakistan shifts stance toward cryptocurrencies
The Pakistan government first explored the idea of a “National Crypto Council” in February 2025 to oversee the development of a comprehensive regulatory framework for cryptocurrencies and to attract foreign investment.
Several initiatives were proposed by the Council, including using runoff energy to mine BTC or data centers, and accumulating BTC for a national treasury.
In May 2025, the Council announced the allocation of 2,000 megawatts of excess energy to Bitcoin mining and high-performance computing data centers.
Binance co-founder Changpeng Zhao is one of the Council’s advisers. Appointed in April, the executive will advise on crypto regulations, blockchain infrastructure, and the adoption of digital assets.
Trump’s World Liberty Financial (WLFI), a decentralized finance protocol, signed a letter of intent on April 27 to help the country to tokenize real-world assets, build DeFi architecture, and experiment with crypto products.
More recently, in May 2025, Pakistan’s Ministry of Finance commissioned the establishment of an entirely new agency to oversee digital asset regulations in Pakistan. The Digital Asset Authority will oversee the regulation of crypto platforms and issue licenses to digital asset providers operating in the country.
